EverQuote Q2 revenue $105.1M (+34% YoY); full-year revenue guidance raised to $440-446M

EverQuote, Inc.

2021-Q2 EPS reported -$0.20 revenue$208,885,000

Revenue $105.1M, +34% YoY; auto insurance vertical $86.4M (+34%), other verticals $18.7M (+36%).
Variable Marketing Margin $32.8M, +40% YoY; GAAP net loss narrowed to $1.9M from $2.8M.
Adjusted EBITDA $6.6M vs $4.0M; Q3 guidance: rev $109-111M, VMM $33-34M, Adj EBITDA $4.5-5.5M.
Full-year revenue raised to $440-446M; Adj EBITDA guidance lowered to $23-26M due to health open enrollment investments.
Acquired PolicyFuel (P&C insurance PSaaS); Garett Kitch joined as SVP of Health and Life Agency Sales.

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