EverQuote Announces Second Quarter 2020 Financial Results
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EverQuote (EVER) PT Raised to $65 at Needham & Company
August 5, 2020 7:21 AM EDTNeedham & Company analyst Mayank Tandon raised the price target on EverQuote (NASDAQ: EVER) to $65.00 (from $55.00) while maintaining a Buy rating.
The analyst commented, "EVER reported solid 2Q results and provided an upbeat outlook for the remainder of FY20 on the back of strong... More
EverQuote (EVER) Misses Q2 EPS by 6c
August 4, 2020 5:05 PM EDTEverQuote (NASDAQ: EVER) reported Q2 EPS of ($0.10), $0.06 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $78.3 million versus the consensus estimate of $78.94 million.
We reported strong second quarter results across all of our key financial metrics delivering revenue growth of 41% year-over-year, variable marketing margin growth of 41% year-over-year and positive Adjusted EBITDA expansion year-over-year, said Seth Birnbaum, CEO and Co-Founder of EverQuote. Our thoughts continue to be with all the individuals and businesses impacted around the world by the COVID-19 pandemic. Despite unprecedented times, we continued to strengthen our team... More
