EverQuote Expects Q3 Revenue Of $137M - $143M, Est $98.85M
Portfolio Pulse from Benzinga Newsdesk
EverQuote has announced its Q3 revenue expectations to be between $137M and $143M, significantly higher than the estimated $98.85M. The company also projects a Variable Marketing Margin of $38.5M to $41.5M and an Adjusted EBITDA of $14.0M to $17.0M.
August 05, 2024 | 9:07 pm
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EverQuote has announced its Q3 revenue expectations to be between $137M and $143M, significantly higher than the estimated $98.85M. The company also projects a Variable Marketing Margin of $38.5M to $41.5M and an Adjusted EBITDA of $14.0M to $17.0M.
The significant increase in expected Q3 revenue compared to estimates is likely to positively impact EverQuote's stock price in the short term. The strong projections for Variable Marketing Margin and Adjusted EBITDA further support a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100