EverQuote, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
February 28, 2023 at 02:43 am IST
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EverQuote, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 404.13 million compared to USD 418.52 million a year ago. Net loss was USD 24.42 million compared to USD 19.43 million a year ago.
Basic loss per share from continuing operations was USD 0.77 compared to USD 0.67 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.