EverQuote (EVER) Tops Q3 EPS by 20c

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EverQuote Announces Third Quarter 2022 Financial Results

November 1, 2022 4:05 PM EDT

Total Revenue of $103.2 millionVariable Marketing Margin of $31.8 millionCompany Continues to Drive Operating Efficiencies

CAMBRIDGE, Mass., Nov. 01, 2022 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the third quarter ended September 30, 2022.

In the third quarter, we exceeded guidance expectations across our three primary financial KPIs; delivering revenue of $103.2 million, variable marketing margin of $31.8 million, and Adjusted EBITDA of $2.0 million, said Jayme Mendal, CEO of EverQuote. Our team has demonstrated continued agility, quickly adapting our operations to a changing environment. By maintaining... More