secwatch.observer — SEC 8-K summary
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Issuer:     EverQuote, Inc. (EVER)
CIK:        0001640428
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001193125-23-138246
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverQuote Q1 revenue $109.2M, net loss improves to $2.5M; withdraws FY 2023 guidance
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- Total revenue $109.2M, down 1% YoY; auto vertical revenue up 2% to $89.7M.
- GAAP net loss $2.5M vs loss of $5.7M; adjusted EBITDA $5.4M vs $2.4M.
- Variable Marketing Margin $35.6M, up 4% YoY.
- Q2 2023 guide: revenue $70-75M, adjusted EBITDA ($4)-($1)M, citing carrier claims uncertainty.
- Withdraws full year 2023 guidance due to persistent auto insurance industry headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640428/000119312523138246/0001193125-23-138246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640428/000119312523138246/d572188d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-138246

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