EverQuote (EVER) Misses Q3 EPS by 2c

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Go back to EverQuote (EVER) Misses Q3 EPS by 2c

EverQuote Announces Third Quarter 2021 Financial Results

November 1, 2021 4:05 PM EDT

Revenue Increased 20% Year-Over-Year to $107.6 MillionRecent Acquisition of PolicyFuel Closed and Successfully Integrated into DTC Agency Operations

CAMBRIDGE, Mass., Nov. 01, 2021 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the third quarter ended September 30, 2021.     

Third quarter revenue increased 20% and Variable Marketing Margin, or VMM, grew 10% year-over-year. We believe the challenges in the auto insurance market will correct as carriers adjust their pricing strategies to a new underwriting environment. Importantly, we expect our non-auto insurance verticals to be... More