Loading...
•
Dec 31, 2023
EverQuote Q4 2023 Earnings Report
EverQuote's Q4 2023 financial results were announced, revealing a decrease in total revenue but growth in the home and renters insurance vertical. The company exceeded guidance for revenue, Variable Marketing Margin (VMM), and Adjusted EBITDA.
Key Takeaways
EverQuote reported a decrease in total revenue to $55.7 million for Q4 2023, but experienced growth in the home and renters insurance vertical. The company's net loss improved, and it ended the quarter with increased cash and cash equivalents.
Total revenue decreased by 37% to $55.7 million.
Automotive insurance vertical revenue decreased by 33% to $45.0 million.
Home and renters insurance vertical revenue increased by 48% to $9.8 million.
GAAP net loss improved to a loss of $6.3 million.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...