EverQuote Q1 revenue $91.1M, net income $1.9M; guides Q2 revenue $100-105M

EverQuote, Inc.

2024-Q1 EPS reported $0.05 revenue$91,065,000

Revenue of $91.1M (down 17% YoY); GAAP net income of $1.9M vs. loss of $2.5M a year ago.
Adjusted EBITDA of $7.6M, above guidance; operating cash flow $10.4M vs. -$1.2M YoY.
Auto vertical revenue $77.5M (down 14%); home/renters revenue $12.7M (up 34%).
Cash and equivalents $48.6M, up 28% from Q4 2023; Q2 guidance: rev $100-105M, VMM $31-33M, EBITDA $7-9M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EverQuote, Inc. reported the first quarter ended March 31, 2024 results: revenue $91.1 million, net income GAAP net income improved to $1.9 million. Guidance raised.

Period: the first quarter ended March 31, 2024
Revenue: $91.1 million
Net income: GAAP net income improved to $1.9 million
Guidance: raised
Result: reported results

Exact text from the filing

by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 EverQuote Announces First Quarter 2024 Financial Results • First Quarter Revenue of $91.1 million • First Quarter Variable Marketing Margin of $30.8 million • First Quarter Record GAAP Net Income of $1.9 million and Adjusted EBITDA of $7.6 million CAMBRIDGE, Mass., May. 6,

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Source: SEC EDGAR

accession 0000950170-24-053539

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