- EverQuote just reported solid fiscal Q4 results, with the company's stock shooting up ~10% in after-hours trading.
- The company's variable marketing margin, a measure of its revenue after traffic acquisition costs, saw accelerating growth.
- Insurance categories outside EverQuote's core Auto vertical are seeing tremendous growth and contributing an increasing amount to EverQuote's top line.
- The company is still banking on mid-20s revenue and variable marketing margin growth in FY21, a target that seems easily reachable after the most recent quarter's results.
For further details see:
EverQuote: The Eventual Winner In Online Insurance Marketplaces