secwatch.observer — SEC 8-K summary
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Issuer:     EverQuote, Inc. (EVER)
CIK:        0001640428
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001193125-22-274914
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverQuote Q3 revenue falls 4% to $103.2M; raises full-year VMM and EBITDA guidance
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- Q3 revenue $103.2M (-4% YoY); auto revenue $88.2M (-2%); other verticals $15.1M (-16%).
- GAAP net loss widened to $6.5M from $5.3M; Adjusted EBITDA $2.0M vs $2.7M.
- Q4 guidance: revenue $87-92M; VMM $27-30M; Adj EBITDA $(1.5)-$1.5M.
- FY2022 VMM guidance raised to $126-129M (prev $116-122M); Adj EBITDA raised to $4-7M (prev $(7)-$(1)M).
- CEO says company gained market share in auto downturn; driving operating efficiencies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640428/000119312522274914/0001193125-22-274914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640428/000119312522274914/d401027d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-274914

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