Metromile, Inc. (MILE)
|Net Income (ttm)||-120.10M|
|Trading Day||May 7|
|Day's Range||8.22 - 8.68|
|52-Week Range||7.14 - 20.39|
Special purpose acquisition companies have become a group trade, Quantum Trading Strategies CIO Sean Udall said Wednesday on Benzinga's YouTube show "PreMarket Prep." Once a few of the SPACs bounce, "yo...
Metromile CEO on providing auto insurance for low-mileage drivers
Metromile CEO Dan Preston discussed how the company, which came public via SPAC, plans to disrupt the auto insurance industry.
SAN FRANCISCO, March 30, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial resul...
Is auto insurance ready for disruption?
Low float stocks can be some of the most volatile stocks in the market. If you mix in a short squeeze, the potential short-term gains in a low float stock can be extreme.
SAN FRANCISCO, March 16, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will release...
PHILADELPHIA AND SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”), a leading digital insurance platform and pay-per-mile auto insurer, today announced it completed its busi...
PHILADELPHIA AND SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- INSU Acquisition Corp. II, a publicly traded special purpose acquisition company (“INSU II”) (NASDAQ: INAQ), today announced the busines...
Metromile Receives the Necessary Regulatory Approvals for Proposed Business Combination with INSU Acquisition Corp. II
SAN FRANCISCO , Jan. 29, 2021 (GLOBE NEWSWIRE) -- MetroMile, Inc. (“Metromile”), a leading digital insurance platform and pay-per-mile auto insurer, announced it has received the necessary regulatory ap...
INSU Acquisition Corp. II Announces Effectiveness of Registration Statement for Proposed Business Combination with Me...
PHILADELPHIA, Jan. 15, 2021 (GLOBE NEWSWIRE) -- INSU Acquisition Corp. II, a publicly traded special purpose acquisition company (the “Company”) (“INSU II”) (NASDAQ: INAQ), announced today that its reg...
Metromile Raises Policies in Force and Contribution Profit Expectations for Full Year 2020, Provides Update on Third ...
SAN FRANCISCO, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”), a leading digital insurance platform and pay-per-mile auto insurer, today provided a supplemental financial presentation w...
These 5 SPAC stock mergers, all recently announced, involve an electric vehicle maker, a smart glassmaker, a new type of insurance company, a triple merger of health companies, and a data management tec...
Metromile, an insurance-focused fintech powered by data science and machine learning, on Tuesday, formally announced its intent to go public. As part of the development, Benzinga chatted with Metromile ...
NEW YORK, Nov. 25, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of INSU Acquisition Corp. II ("INAQ" or th...
Metromile is preparing for a merger with SPAC Insu Acquisition (INAQ) and we have all the details investors need to know about the deal. The post Metromile SPAC Merger: 13 Things for INAQ Stock Investor...
Digital auto insurer Metromile plans to go public by merging with publicly traded INSU II (Nasdaq: INAQ), a special purpose acquisition entity sponsored by Cohen & Company (NYSE: COHN). Under the deal, ...
Metromile, Inc. provides pay-per-mile car insurance services in the United States and internationally. The company also licenses artificial intelligence claims platform to automate claims, reduce losses associated with fraud, and unlock the productivity of insurance carriers' employees. In addition, it offers The Pulse, a device that plugs into the diagnostic port of its customer's car and transmits data over wireless cellular networks. The company was incorporated in 2011 and is headquartered in San Francisco, California.
Insurance-Property & Casualty
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In 2020, Metromile's revenue was $35.06 million, a decrease of -33.53% compared to the previous year's $52.76 million. Losses were -$120.10 million, 109.9% more than in 2019.