EverQuote, Inc. (NASDAQ:EVER) shares surged premarket Tuesday after reporting Q4 FY23 results that exceeded expectations and providing strong guidance. Despite a 37% Y/Y revenue decline to $55.71 million, it beat the $49.81 million consensus. Automotive insurance revenue fell 33% to $45.0 million, while home and renters insurance revenue increased 48% Y/Y to $9.8 million. The company achieved a Variable Marketing Margin of 37% of revenue, improved from 33% the previous year, and reported an adjusted EBITDA loss of $(0.9) million, better than expected. EverQuote anticipates Q1 2024 revenue between $78.0 million and $82.0 million, significantly above the $65.13 million consensus.