EverQuote Q4 revenue $55.7M (-37% YoY); guides Q1 to $78-82M, sees recovery

EverQuote, Inc.

2023-FY EPS reported -$1.54 revenue$287,921,000

Q4 revenue $55.7M (-37% YoY); auto $45M (-33%); home/renters $9.8M (+48%).
GAAP net loss improved to $6.3M from $8.5M; Adjusted EBITDA -$0.9M vs +$0.1M.
Full year revenue $287.9M (-29%); GAAP net loss $51.3M incl. $23.6M restructuring; Adj. EBITDA $0.5M.
Q1 2024 guide: revenue $78-82M, VMM $26-28M, Adj. EBITDA $3-5M.
Cash $38M (+23% YoY); management cites improving auto carrier demand.

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 0.95

EverQuote, Inc. reported full year ended December 31, 2023 results: revenue Total revenue of $287.9 million, net income GAAP net loss increased to $51.3 million.

Period: full year ended December 31, 2023
Revenue: Total revenue of $287.9 million
Net income: GAAP net loss increased to $51.3 million
Result: reported results

Exact text from the filing

EverQuote Announces Fourth Quarter and Full Year 2023 Financial Results • Fourth Quarter Revenue of $55.7 million • Fourth Quarter Variable Marketing Margin of $20.7 million • Full Year Revenue of $287.9 million • Full Year Variable Marketing Margin of $100.3 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EverQuote, Inc. reported first quarter 2024 results: revenue Revenue of $78.0 - $82.0 million.

Period: first quarter 2024
Revenue: Revenue of $78.0 - $82.0 million
Result: guidance update

Exact text from the filing

First Quarter 2024 Outlook (Revenue in our health insurance vertical was $8.7 million in the first quarter of 2023): • Revenue of $78.0 - $82.0 million. • Variable Marketing Margin of $26.0 - $28.0 million. • Adjusted EBITDA of $3.0 - $5.0 million.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EverQuote, Inc. reported fourth quarter ended December 31, 2023 results: revenue Total revenue of $55.7 million, net income GAAP net loss improved to a loss of $6.3 million.

Period: fourth quarter ended December 31, 2023
Revenue: Total revenue of $55.7 million
Net income: GAAP net loss improved to a loss of $6.3 million
Result: reported results

Exact text from the filing

EverQuote Announces Fourth Quarter and Full Year 2023 Financial Results • Fourth Quarter Revenue of $55.7 million • Fourth Quarter Variable Marketing Margin of $20.7 million • Full Year Revenue of $287.9 million • Full Year Variable Marketing Margin of $100.3 million

View on SEC.gov

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

EverQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-046180

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