EverQuote Crushes Q1, Stock Soars

EverQuotes Q1 earnings soared, surpassing analyst expectations with $190.9 million in revenue, a 14.5% year-over-year increase. Adjusted EPS of $0.61 and EBITDA of $29.33 million also exceeded forecasts. Carrier spending surged, driven by AI-driven auction marketplace adoption and low loss ratios. Management projects Q2 revenue at $190 million and EBITDA at $29 million. The stock skyrocketed 131% following the report, reflecting investor confidence in the companys growth trajectory. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ec6da0d4e0e6a80a