EverQuote, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 07, 2024 at 01:35 am IST
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EverQuote, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 91.07 million compared to USD 109.22 million a year ago. Net income was USD 1.91 million compared to net loss of USD 2.53 million a year ago.
Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.08 a year ago.
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. 
