EVER - EverQuote GAAP EPS of -$0.26 beats by $0.01 revenue of $88.3M misses by $1.94M

• EverQuote press release ( NASDAQ: EVER ): Q4 GAAP EPS of -$0.26 beats by $0.01 .
• Revenue of $88.3M (-13.5% Y/Y) misses by $1.94M .
• Automotive insurance vertical revenue of $67.2 million, a decrease of 5%.
• Revenue from other insurance verticals, which includes home and renters, life, and health insurance, decreased 33% to $21.1 million.
• Variable Marketing Margin of $29.1 million, a decrease of 12%.
• Direct to consumer agency, or DTCA, revenue of $13.9 million, or 15.7% of total revenue.

• First Quarter 2023:

  • Revenue of $101 - $105 million vs. $90.24M consensus
  • Variable Marketing Margin of $31.5 - $33.5 million.
  • Adjusted EBITDA of $2 - $4 million.

  Full Year 2023:

  • Revenue of $420 - $435 million vs. $435.82M consensus
  • Variable Marketing Margin of $132 - $140 million.
  • Adjusted EBITDA of $7 - $13 million.

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