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. (NASDAQ: EVER) is described in its public communications as an online marketplace for insurance shopping that connects consumers with insurance provider customers, including both carriers and agents. The company’s news flow reflects this role in the property and casualty insurance ecosystem and its focus on data, technology, and artificial intelligence.
On the EverQuote news page, readers can find press releases about quarterly financial results, where the company reports revenue by vertical, including automotive and home and renters insurance, and highlights metrics such as Variable Marketing Dollars (VMD), Adjusted EBITDA, net income, operating cash flow, and cash and cash equivalents. These earnings updates often include commentary on how EverQuote is embedding AI and machine learning into its marketplace and traffic and distribution systems, and how it views its progress toward becoming a growth partner for P&C insurance providers.
News items also cover capital structure and corporate finance developments. For example, EverQuote has announced an inaugural share repurchase program authorized by its board of directors and has disclosed a specific repurchase of shares from an affiliated shareholder. In addition, the company has reported entering into a senior secured revolving credit facility, as described in a Form 8-K filing, which provides a revolving line of credit secured by substantially all of its assets.
Investors and analysts following EVER news will also see announcements about upcoming and past investor conference presentations, where EverQuote’s management participates in one-on-one meetings and fireside chats. These events are typically accompanied by references to live audio webcasts and archived replays hosted in the company’s investor materials.
By reviewing the EverQuote news feed, readers can track the company’s reported financial performance, its use of AI and data in the insurance marketplace, its share repurchase activity and credit facility, and its ongoing engagement with the investment community through conferences and earnings calls.
EverQuote, Inc. (Nasdaq: EVER) will report its second quarter 2021 financial results after the market closes on August 2, 2021. A conference call and webcast are scheduled for 4:30 p.m. ET to discuss the financial outcomes and business outlook. The event will be accessible via US/Canada toll-free call and international dial-in options. EverQuote connects consumers with insurance providers, aiming to simplify and personalize insurance shopping.
EverQuote, Inc. (Nasdaq: EVER) has announced the appointment of Garett Kitch as Senior Vice President of Health and Life Agency Sales. Kitch, a seasoned sales leader, brings extensive experience in scaling teams and driving sales growth. His previous roles include leading Medicare sales at eHealth, and he aims to enhance EverQuote's health and life insurance segments. The company emphasizes a culture of collaboration and innovation, focusing on providing a superior insurance shopping experience as market trends shift online.
EverQuote, a leading online insurance marketplace, announced its participation in multiple investor conferences for May and June 2021. The company will host one-on-one meetings and virtual fireside chats, which include:
- Needham Virtual Technology & Media Conference: May 19, 2021, at 8:45 a.m. ET
- J.P. Morgan Global Technology Conference: May 24, 2021, at 2:45 p.m. ET
- William Blair Growth Stock Conference: June 2, 2021, at 9:40 a.m. ET
- Baird Global Consumer Conference: June 8, 2021, at 3:45 p.m. ET
These events will be available via live audio webcast on EverQuote’s investor relations website.
EverQuote, Inc. (Nasdaq: EVER) reported a 28% revenue increase year-over-year to $103.8 million for Q1 2021. Non-auto insurance revenue jumped 41% to $19.3 million, while Variable Marketing Margin rose 32% to $31.4 million. Despite a GAAP net loss of $3.8 million, Adjusted EBITDA improved to $4.8 million. The company forecasted Q2 revenue between $101-$103 million and full-year revenue of $434-$442 million, reflecting a strong growth outlook.
EverQuote, Inc. (Nasdaq: EVER) will report its first quarter 2021 financial results on May 3, 2021, after market close. A conference call will follow at 4:30 p.m. ET to discuss these results, recent developments, and the company's outlook. Investors can join the live call or access a replay later. EverQuote aims to connect consumers with insurance providers, striving to simplify and personalize insurance services using data and technology.
EverQuote, a leading online insurance marketplace, reported strong financial results for Q4 and the full year of 2020. Total revenue increased by 32% year-over-year to $97.3 million for Q4 and by 39% to $346.9 million for the full year. The Variable Marketing Margin also rose, showing a 46% increase to $31.9 million in Q4 and a 48% increase to $108.6 million yearly. Despite a GAAP net loss of $11.2 million for 2020, EverQuote achieved an Adjusted EBITDA of $18.4 million. Q1 2021 guidance suggests revenues of $100 - $102 million.
EverQuote, a leading online insurance marketplace, announces participation in upcoming investor conferences. Management will host one-on-one meetings at notable events, including the 22nd Annual Credit Suisse Financial Services Forum on February 25, 2021, with a virtual fireside chat at 2:40 p.m. ET. The company will also present at the JMP Securities Technology Conference on March 1, 2021, at 1:00 p.m. ET, and the Raymond James Institutional Investors Conference on March 3, 2021, at 9:10 a.m. ET. Webcasts will be available on their investor relations website.
EverQuote, Inc. (Nasdaq: EVER) will announce its fourth quarter and full year 2020 financial results on February 22, 2021, after market close. A conference call and webcast will follow at 4:30 p.m. ET for management to discuss financial results and business outlook. The call can be accessed toll-free in the U.S. and Canada at (877) 273-5005 and internationally at (647) 689-5410, with a conference ID of 8772399. A replay will be available until February 28, 2021. EverQuote is an online insurance marketplace aiming to simplify and personalize insurance for consumers.
EverQuote, Inc. (Nasdaq: EVER) has announced the promotion of David Brainard to Chief Technology Officer, effective January 12, 2021. Co-founder Tomas Revesz praised Brainard's transformative impact on the engineering organization since joining in 2019. As CTO, Brainard will oversee all engineering teams, including Security Operations and IT. Revesz transitions to the new role of Chief Architect, where he will guide technical strategy and corporate development. Brainard brings over 25 years of experience from notable companies such as Wayfair and Bank of America.
EverQuote, Inc. (Nasdaq: EVER) announces the appointment of Craig Lister as Chief Marketing Officer. Lister brings extensive experience in consumer marketing and growth strategies, previously leading global consumer acquisition at NortonLifeLock. CEO Jayme Mendal expressed confidence in Lister's ability to enhance EverQuote's marketing channels and expand its reach in the insurance market. Lister aims to grow EverQuote's digital presence while also investing in traditional media channels like TV and radio. The company operates an online insurance marketplace connecting consumers with providers.