Root, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 71.3 million compared to USD 93.2 million a year ago. Net loss was USD 58.3 million compared to USD 109.9 million a year ago.

Basic loss per share from continuing operations was USD 4.13 compared to USD 7.91 a year ago.