secwatch.observer — SEC 8-K summary
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Issuer:     EverQuote, Inc. (EVER)
CIK:        0001640428
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000950170-24-090730
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640428/000095017024090730/0000950170-24-090730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640428/000095017024090730/ever-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-090730

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