===EverQuote (EVER) reported earnings on Mon 2 May 22 (a/h)

 

EverQuote beats by $0.08, beats on revs; guides Q2 revs below consensus; guides FY22 revs below consensus

• Reports Q1 (Mar) loss of $0.19 per share, $0.08 better than the S&P Capital IQ Consensus of ($0.27); revenues rose 6.6% year/year to $110.7 mln vs the $102.23 mln S&P Capital IQ Consensus.
• Variable Marketing Margin of $34.3 million, an increase of 9%.
• Co issues downside guidance for Q2, sees Q2 revs of $92-$97 mln vs. $103.01 mln S&P Capital IQ Consensus. Adjusted EBITDA of ($7) - ($4) million.
• Co issues downside guidance for FY22, sees FY22 revs of $400-$420 mln vs. $425.91 mln S&P Capital IQ Consensus. Adjusted EBITDA of ($15) - ($5) million.