EverQuote Q3 revenue $55M (-47% YoY), net loss $29.2M; Q4 guidance below Q3 levels

EverQuote, Inc.

2023-Q3 EPS reported -$1.36 revenue$232,216,000

Revenue $55.0M (-47% YoY); auto vertical $43.1M (-51%); home/renters $10.9M (+51%).
GAAP net loss $29.2M (incl. $19.4M health vertical charge); adj. EBITDA -$1.9M vs +$2.0M YoY.
Cash and equivalents $39.0M, up 26% from Q2 2023.
Q4 2023 outlook: revenue $47-52M, VMM $16.5-18.5M, adj. EBITDA -$4.5 to -$2.5M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EverQuote, Inc. reported the quarter ended September 30, 2023 results: revenue $55.0 million, net income $(29.2) million.

Period: the quarter ended September 30, 2023
Revenue: $55.0 million
Net income: $(29.2) million
Result: reported results

Exact text from the filing

by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 EverQuote Announces Third Quarter 2023 Financial Results • Third Quarter Revenue of $55.0 million • Third Quarter Variable Marketing Margin of $19.4 million, Representing 35% of Revenue CAMBRIDGE, Mass., Nov. 6, 2023 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EverQuote, Inc. reported Fourth quarter 2023 results: revenue Revenue of $47.0 - $52.0 million. Guidance initiated.

Period: Fourth quarter 2023
Revenue: Revenue of $47.0 - $52.0 million
Guidance: initiated
Result: guidance update

Exact text from the filing

For the fourth quarter 2023, EverQuote anticipates revenue, Variable Marketing Margin and Adjusted EBITDA to be in the following ranges: • Revenue of $47.0 - $52.0 million.

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12 earnings releases filed in the last 30 days. Browse all earnings releases →

EverQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-271364

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