EverQuote (EVER) Tops Q1 EPS by 6c

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Go back to EverQuote (EVER) Tops Q1 EPS by 6c

EverQuote Announces First Quarter 2022 Financial Results

May 2, 2022 4:05 PM EDT

First Quarter Revenue Increased 7% Year-Over-Year to $110.7 MillionFirst Quarter Revenue from Non-Auto Insurance Verticals Increased 19% Year-Over-YearFirst Quarter DTCA Operations Generated 13% of Total Revenue

CAMBRIDGE, Mass., May 02, 2022 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the first quarter ended March 31, 2022.

In the first quarter, we exceeded expectations across our three primary financial KPIs delivering revenue of $110.7 million and Variable Marketing Margin, or VMM, of $34.3 million, growing 7% and 9%, respectively, and generated positive Adjusted EBITDA, said Jayme Mendal, CEO of EverQuote. Our first... More