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EverQuote Sees Q2 2024 Revenue $100M-$105M Vs $77.29M Est.

Author: Benzinga Newsdesk | May 06, 2024 04:34pm

Second Quarter 2024 Outlook:

  • Revenue of $100.0 - $105.0 million.
  • Variable Marketing Margin of $31.0 - $33.0 million.
  • Adjusted EBITDA of $7.0 - $9.0 million.

With respect to the Company's expectations under "Second Quarter 2024 Outlook" above, the Company has not reconciled the non-GAAP measure Adjusted EBITDA to the GAAP measure net income (loss) in this press release because the Company does not provide guidance for stock-based compensation expense, depreciation and amortization expense, restructuring and other charges, acquisition-related costs, interest income, and income taxes on a consistent basis as the Company is unable to quantify these amounts without unreasonable efforts, which would be required to include a reconciliation of Adjusted EBITDA to GAAP net income (loss). In addition, the Company believes such a reconciliation would imply a degree of precision that could be confusing or misleading to investors.

Posted In: EVER

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