EverQuote Q2 record revenue $117.1M (+72%), net income $6.4M, Adj EBITDA $12.9M; Q3 rev guided $137-143M

EverQuote, Inc.

2024-Q2 EPS reported $0.23 revenue$208,205,000

Revenue $117.1M, +72% YoY; auto insurance vertical $102.6M, +106% YoY (88% of revenue).
GAAP net income $6.4M vs net loss $13.2M; Adjusted EBITDA $12.9M vs loss $2.1M.
Variable Marketing Margin $36.5M, +48% YoY; cash $60.9M, +25% from Q1 2024.
Q3 2024 guidance: revenue $137-143M, VMM $38.5-41.5M, Adj EBITDA $14-17M.

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