EverQuote Inc. (EVER) saw its stock surge 7.63% on Monday following the release of its impressive third-quarter 2025 financial results. The online insurance marketplace significantly outperformed analyst expectations, demonstrating robust growth in its core business segments.
The company reported revenue of $173.94 million, beating the consensus estimate of $166.1 million. Adjusted EBITDA came in at $25.1 million, also topping the expected $22.8 million. EverQuote's earnings per share (EPS) of $0.50 comfortably surpassed the analysts' forecast of $0.48. The strong performance was largely attributed to the company's automotive insurance vertical, which saw a 21% year-over-year revenue growth.
EverQuote's CEO highlighted the role of AI and technology investments in driving operational efficiency and revenue growth. The company's confidence in its long-term prospects was further underscored by a $21 million share repurchase during the quarter. Looking ahead, EverQuote provided an optimistic outlook for the fourth quarter, projecting revenue between $174 million and $180 million, and adjusted EBITDA of $21 million to $23 million. The market's positive reaction suggests investors are bullish on EverQuote's growth strategy, which focuses on expanding product offerings, attracting high-intent consumers, and leveraging proprietary AI technology.
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