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 (EVER) operates a data-driven insurance marketplace connecting consumers with providers through advanced analytics and multi-channel marketing strategies. This page serves as the definitive source for tracking the company's operational developments and strategic positioning within the insurtech sector.
Access curated updates including earnings reports, technology innovations, leadership changes, and partnership announcements. Our aggregation ensures efficient monitoring of EverQuote's progress in optimizing insurance referrals through its proprietary bidding engines and real-time campaign management systems.
Content spans financial disclosures, product launches, and industry analyses relevant to stakeholders evaluating EVER's performance. Regular updates provide insights into how the company maintains its competitive edge through quantitative marketing solutions and scalable customer acquisition frameworks.
Bookmark this resource for streamlined tracking of EverQuote's initiatives in digital insurance distribution. Check back frequently for verified updates on its evolving role in transforming consumer access to auto, home, and life insurance products.
EverQuote (Nasdaq: EVER), a leading online insurance marketplace, announced participation in four upcoming investor conferences.
The conferences include Oppenheimer’s 27th Technology, Internet & Communications Conference on August 12, 2024 (virtual, 2:05 PM ET), Canaccord Genuity 44th Annual Growth Conference on August 14, 2024 (Boston, MA, 2:00 PM ET), Needham FinTech & Digital Transformation Conference on August 15, 2024 (virtual), and B. Riley Securities' 7th Annual Consumer & TMT Conference on September 12, 2024 (New York, NY).
Presentations and fireside chats will be accessible via live audio webcast and archived replay at EverQuote’s investor relations website.
EverQuote (Nasdaq: EVER) reported record second quarter 2024 financial results, with total revenue increasing 72% year-over-year to $117.1 million. The company's automotive insurance vertical revenue grew over 106% to $102.6 million, representing 88% of total revenue. Variable Marketing Margin (VMM) increased 48% to $36.5 million, while net income improved to $6.4 million from a loss of $13.2 million in Q2 2023. Adjusted EBITDA rose to $12.9 million, compared to a loss of $2.1 million in the prior year period.
EverQuote ended the quarter with $60.9 million in cash and cash equivalents, a 25% increase from Q1 2024. For Q3 2024, the company projects revenue between $137.0 - $143.0 million and Adjusted EBITDA of $14.0 - $17.0 million.
EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, has announced that it will release its second quarter 2024 financial results on Monday, August 5, 2024, after the market close. The company will host a conference call and webcast at 4:30 p.m. ET to discuss the results, recent developments, and business outlook.
Interested parties can access the live call via US Toll Free: (800) 715-9871 or +1 (646) 307-1963 for all other locations, using Conference ID: 4210704. A live webcast and replay will be available at http://investors.everquote.com/.
EverQuote's mission is to empower insurance shoppers by connecting them with providers and simplifying the process of protecting important assets. The company aims to become the largest online source of insurance policies through data-driven, personalized solutions.
EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, will participate in several upcoming investor conferences. The company's management will present at key events throughout May and June 2024, including the 9th Annual Oppenheimer Emerging Growth Conference, the 19th Annual Needham Technology, Media, & Consumer Conference, the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference, and more. The presentations aim to provide insight into EverQuote's business and strategy, with live webcasts and replays available on the investor relations website.
EverQuote, Inc. (Nasdaq: EVER) announced its first quarter 2024 financial results, highlighting revenue of $91.1 million, Variable Marketing Margin of $30.8 million, and record GAAP Net Income of $1.9 million. The company exceeded guidance ranges for revenue, VMM, and Adjusted EBITDA. Strong results in the automotive insurance vertical, net income, and cash flow from operations were key highlights. EverQuote remains optimistic about the auto insurance industry recovery, investing in growth opportunities. The second quarter 2024 outlook includes revenue of $100.0 - $105.0 million, VMM of $31.0 - $33.0 million, and Adjusted EBITDA of $7.0 - $9.0 million.
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