EverQuote, Inc. Provides Earnings Guidance for the Third Quarter Ended September 30, 2021
October 18, 2021 at 04:05 pm EDT
Share
EverQuote, Inc. provided earnings guidance for the third quarter ended September 30, 2021. Total revenue is expected to be in the range of $106.5 to $107.5 million, compared to guidance of $109 to $111 million. GAAP net loss is expected to be in the range of $6.0 to $5.5 million.
EverQuote, Inc. operates an online marketplace for insurance shopping, connecting consumers with insurance provider customers, which includes both carriers and agents. The Companyâs data and technology platform, matches and connects consumers seeking to purchase insurance with relevant options from its network of insurance providers, saving consumers and providers time and money. Its technology platform combines internally developed, third-party and open-source software. Its Websites and supporting services, as well as its development and test environments, are hosted across industry-standard cloud providers, such as Amazon Web Services and Google Cloud Platform. It uses content delivery network solutions for fast, local access to its products. Its insurance provider customers include insurance carriers and third-party insurance agents. Insurance carriers write auto, home and renters, and life insurance policies for consumers directly and through agents.
EVERQUOTE, INC. 
