Financial PerformanceEverQuote's Q3 results exceeded expectations, with revenue, VMM, and adjusted EBITDA all significantly above consensus estimates, driven by a recovery in auto insurance spending.
Positive OutlookQ4 revenue guidance projects $131-136M, representing a robust 140% year-over-year increase, surpassing previous estimates as carriers continue to expand their investment in auto.
Revenue GrowthAuto revenue experienced a threefold increase year-over-year, contributing to an impressive overall revenue growth of approximately 163%.