EverQuote reports Q3 EPS 31c, consensus 22c

Reports Q3 revenue $144.53M, consensus $140.34M. “We delivered record third quarter results for revenue, Variable Marketing Margin, or VMM, and Adjusted EBITDA that once again exceeded the high-end of our guidance range,” said Jayme Mendal, CEO of EverQuote (EVER). “We continue to benefit from the auto industry recovery and strong execution. We are strategically investing into this strengthening demand environment, as we continue to effectively optimize our traffic operations, improve our AI-powered bidding solutions, and roll-out our next generation agent technology platform.”