secwatch.observer — SEC 8-K summary
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Issuer:     EverQuote, Inc. (EVER)
CIK:        0001640428
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001193125-22-136749
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverQuote Q1 revenue $110.7M (+7% YoY) but Q2 guidance $92-97M; Adj EBITDA to swing to loss
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- Revenue $110.7M (+7% YoY); auto vertical $87.7M (+4%), non-auto $23.0M (+19%).
- GAAP net loss widened to $5.7M from $3.8M; Adj EBITDA fell to $2.4M from $4.8M.
- DTCA revenue $14.8M (13% of total), up ~400%; health DTCA $9.9M vs $1.3M.
- Q2 2022 guidance: revenue $92-97M, VMM $24-27M, Adj EBITDA loss ($7)-($4)M.
- CEO cites persistent auto insurance market headwinds; expects improvement H2 2022, normalization H1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640428/000119312522136749/0001193125-22-136749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640428/000119312522136749/d231490d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-136749

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