Everquote Stock Price, News & Analysis

EverQuote, Inc. (Nasdaq: EVER), a prominent online insurance marketplace, will announce its first quarter 2023 financial results on May 8, 2023, after market close. A conference call and webcast will follow at 4:30 p.m. ET, where management will discuss these results and future business outlook. The live call can be accessed using the US Toll Free number +1 (833) 470-1428 or via the provided webcast link. EverQuote's mission focuses on empowering consumers to protect their most important assets through technology and data. Its goal is to simplify and personalize insurance, aiming to become the leading online source for insurance policies.

EverQuote, Inc. reported its fourth quarter and full year 2022 financial results, achieving a total revenue of $88.3 million for Q4 and $404.1 million for the year, marking a 13% and 3% decrease, respectively. The company's Variable Marketing Margin also decreased, totaling $29.1 million for Q4 and $128.3 million annually. The GAAP net loss rose to $24.4 million for the year, compared to $19.4 million in 2021. Despite these declines, EverQuote aims to restore revenue growth and profitability in 2023, targeting $420 - $435 million in full-year revenue and a positive adjusted EBITDA of $7 - $13 million.

Link Ventures (LV) has launched its third investment fund, Link Ventures 3 LP (LV3), with commitments of approximately $150 million, 50% larger than its previous fund. LV3's first investment is in nsKnox, a payment protection company that uses data science and machine learning to reduce wire fraud risks. Since its inception in 2006, LV has invested in over 40 startups across various sectors, highlighting its strategy of minority equity investments in fast-growing tech firms. The firm focuses on leveraging AI and data science to drive significant industry advancements.

EverQuote, Inc. (Nasdaq: EVER) announced it will report its fourth quarter and full year 2022 financial results after market close on February 27, 2023. A conference call is scheduled for 4:30 p.m. ET to discuss the results, recent developments, and future outlook. The company's mission is to connect consumers with insurance providers, aiming to simplify and personalize insurance through technology and data.

EverQuote, a prominent online insurance marketplace, announced its participation in major investment conferences. The company will host one-on-one investor meetings at the Credit Suisse 24th Annual Financial Services Forum on February 13-14, 2023, with a fireside chat scheduled for February 13 at 2:40 p.m. ET in Miami, FL. Additionally, EverQuote will present at the Raymond James 44th Annual Institutional Investors Conference on March 7, 2023, at 2:50 p.m. ET in Orlando, FL. Interested investors can access live webcasts and replays on EverQuote’s investor relations website. EverQuote aims to simplify and personalize insurance shopping for consumers.