Lemonade (LMND 2.44%) recently reported its second quarter earnings, and the company lost nearly $68 million on just $50 million in revenue. However, management is taking steps to get the cash burn under control and gave some strong future projections. In this video, Matt Frankel, CFP, takes a closer look at the numbers and what investors should watch going forward.
**Stock prices used were the closing prices of Aug. 12, 2022. The video was published on Aug. 15, 2022.