Root, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 254.9 million compared to USD 70.1 million a year ago. Net loss was USD 6.2 million compared to USD 40.9 million a year ago.

Basic loss per share from continuing operations was USD 0.42 compared to USD 2.88 a year ago.