secwatch.observer — SEC 8-K summary
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Issuer:     EverQuote, Inc. (EVER)
CIK:        0001640428
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000950170-24-053539
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640428/000095017024053539/0000950170-24-053539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640428/000095017024053539/ever-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-053539

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer