Shares of EverQuote Inc. (EVER) surged 7.63% in Monday's trading session following the release of the company's impressive third-quarter 2025 financial results. The online insurance marketplace significantly outperformed analyst expectations, demonstrating robust growth and operational efficiency.
EverQuote reported revenue of $173.94 million for Q3, beating the consensus estimate of $166.1 million. The company's adjusted EBITDA came in at $25.1 million, also surpassing the expected $22.8 million. Earnings per share (EPS) stood at $0.50, comfortably exceeding the analyst forecast of $0.48. The strong performance was largely attributed to EverQuote's automotive insurance vertical, which saw a 21% year-over-year revenue growth.
Adding to investor optimism, EverQuote provided an encouraging outlook for the fourth quarter, projecting revenue between $174 million and $180 million, and adjusted EBITDA of $21 million to $23 million. The company's focus on leveraging AI and technology investments to drive operational efficiency and revenue growth appears to be paying off. Furthermore, EverQuote's confidence in its long-term prospects was underscored by a $21 million share repurchase during the quarter, signaling management's positive view on the company's future performance.
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