Welcome to our dedicated page for Everquote news (Ticker: EVER), a resource for investors and traders seeking the latest updates and insights on Everquote stock.
EverQuote, Inc. reports developments for an AI-powered growth solutions business serving regulated property and casualty insurance providers. The company operates an online insurance marketplace that connects consumers shopping for insurance with carrier and agent customers, using proprietary data assets, a technology platform and an AI traffic engine to support digital customer acquisition.
Recurring updates include quarterly and annual financial results, revenue and profitability metrics, operating cash flow, business outlook, investor conference presentations and commentary on automation, AI capabilities, new products and data science within its insurance-provider marketplace.
EverQuote, Inc. (Nasdaq: EVER) has appointed Darryl Auguste to its Board of Directors, effective immediately. Auguste, an expert in analytics and online marketing, currently serves as EVP of Strategic Projects at EverQuote, leading high-value initiatives. He has a history of building consumer acquisition teams that drive over 10 million visits monthly. His appointment is expected to enhance EverQuote’s growth as it continues refining its online insurance marketplace, leveraging data analytics and a focus on diversity and inclusion.
EverQuote, a key online insurance marketplace, has announced its participation in several upcoming investor conferences. Management will host one-on-one meetings at the Oppenheimer Technology, Internet & Communications Conference on August 11, 2020, and at the Canaccord Global Growth Conference on August 13, 2020, which will include a virtual fireside chat at 11:00 a.m. ET. Further, they will present at the William Blair Insurance Tech Conference on the same day and at the Raymond James SMID Cap Conference on August 18, concluding with the Needham FinTech 1x1 Conference on August 19.
EverQuote, Inc. (Nasdaq: EVER) has appointed Thomas McDermott as Senior Vice President of Health & Medicare, effective July 21, 2020. McDermott brings over 20 years of experience from companies like Wayfair and McKinsey & Company. He is expected to drive growth in EverQuote's Health and Medicare sectors through innovative strategies. EverQuote operates a leading online insurance marketplace, connecting consumers with insurance providers, and aims to enhance consumer value through technology.
EverQuote, Inc. (Nasdaq: EVER) will report its second quarter 2020 financial results on August 4, 2020, after market close. The company will host a conference call and webcast at 4:30 p.m. ET to discuss the results and its business outlook. Interested parties can join the call via a toll-free number or through a webcast link provided in the press release. EverQuote operates a leading online insurance marketplace, connecting consumers with insurance providers, with a mission to empower insurance shoppers.
EverQuote, Inc. (Nasdaq: EVER) announces the appointment of Mike Connolly as Senior Vice President of Agency Sales and Customer Success. Connolly, a seasoned sales leader with experience at CarGurus, Experian, and Windstream, aims to enhance support for insurance agents as online shopping for insurance grows. COO Jayme Mendal emphasized Connolly's data-driven approach, which aligns with EverQuote's culture and objectives. The press release highlights the company's forward-looking plans, acknowledging the potential risks involved, including competition and market dynamics.
EverQuote announced a strong first quarter for 2020, reporting revenue of $81.4 million, a 56% increase year-over-year, and a variable marketing margin of $23.8 million, up 72%. The company raised its full-year guidance, anticipating revenue between $318.0 - $327.0 million. Adjusted EBITDA improved to $3.8 million from a prior loss, while quote requests surged 80%. Despite a net loss of $1.4 million, EverQuote remains confident in its growth trajectory, citing the shift to online insurance amid the COVID-19 pandemic.