EverBank Financial

EverQuote, Inc. operates as an online insurance marketplace connecting consumers with insurance providers. It offers car, home and life insurance. The firm’s data and technology platform matches and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. The company was founded by Seth N. Birnbaum, David B. Blundin, and Tomas Revesz in August 1, 2008 and is headquartered in Cambridge, MA.

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EverQuote and EverBank Financial poised for growth in 2023

EverQuote and EverBank Financial are strategically positioned to capitalize on growth opportunities in the insurance market through digital transformation and operational improvements.
Both companies are focused on restoring revenue growth, profitability, and positive cash flow in 2023 by leveraging technology, efficiency, and market opportunities.
EverQuote's strong financial performance in 2022 and EverBank Financial's efforts to manage cash flow and drive growth indicate a positive outlook for both companies.
The companies' emphasis on efficiency, relationship-building, and strategic financial management positions them for success in the evolving insurance landscape.

EverBank Financial reports solid Q1 performance amidst Q2 challenges

EverBank Financial's Q1 performance was strong, but challenges in Q2 are anticipated. The company is focusing on diversification and efficiency improvements to navigate market uncertainties. Management remains confident in the company's ability to seize opportunities.

EverQuote restructures to drive growth amid revenue challenges

EverQuote faced revenue challenges in Q2 but is strategically restructuring to focus on key assets and improve financial performance. The company aims to achieve cash flow breakeven and positive EBITDA by the first half of 2024. Despite near-term uncertainties, EverQuote remains optimistic about its competitive position and growth potential.

EverBank Financial reports solid Q3 performance amidst auto insurance challenges

EverBank Financial (EVER) delivered a solid Q3 performance with revenue of $55 million and a record high VMM margin of 35.2%.
Challenges in the auto insurance market persisted, but the company aims to capitalize on opportunities for growth and resilience.
Maintaining financial stability with cash reserves and a credit line, EverBank Financial is strategically positioned for future success.
Guidance for Q4 revenue and VMM reflects a focus on cost control and gradual recovery in the auto insurance market in 2024.

EverQuote and EverBank Financial show resilience and growth prospects in Q4 2023

EverQuote and EverBank Financial demonstrated strong financial performance and strategic focus in Q4 2023, positioning them for continued growth and market resilience.
While facing challenges such as increased competition and economic uncertainties, both companies have identified opportunities for expansion and market differentiation.
By emphasizing operational efficiency, financial discipline, and market adaptability, EverQuote and EverBank Financial aim to navigate challenges and capitalize on growth prospects.
The companies' optimistic outlook, strong leadership, and prudent financial management underscore their potential for sustained success and value creation for stakeholders.

EverBank Financial (EVER) reports record Q1 performance and growth

EverBank Financial delivered a strong start to 2024 with record levels of net income, adjusted EBITDA, and operating cash flow, exceeding Q1 guidance.
The company's focus on sustainable growth, efficient cost management, and strategic positioning in the insurance market underpin its positive performance and outlook.
While challenges like uncertain sequential growth and maintaining revenue per quote request increases exist, EverBank's strengths and opportunities position it well for future success.

EverBank Financial exceeds Q2 guidance, eyes growth amidst challenges

EverBank Financial delivered strong Q2 results, surpassing revenue and EBITDA expectations.
Despite challenges in VMM growth and regulatory changes, the company remains resilient.
Strategic focus on expense management, tech optimization, and market positioning for future growth.
Guidance for Q3 indicates confidence in maintaining performance levels and capitalizing on opportunities.

EverBank Financial (EVER) reports record Q3 earnings amidst regulatory changes

EverBank Financial (EVER) delivered exceptional Q3 results with significant revenue growth and strong financial performance. Despite challenges from upcoming FCC changes, the company is focused on sustaining momentum and capitalizing on growth opportunities in the insurance sector.

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CAMBRIDGE, Mass., Nov. 29, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), today issued the following statement: “It is with immeasurable sadness that we announce that Seth Birnbaum, Co-Founder and CEO, unexpectedly and peacefully passed away yesterday at his home. Seth was a sincere and deeply caring husband, father, friend and colleague. The entire EverQuote team mourns his tragic passing. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to Seth's family. Seth was a genuine, dynamic leader whose remarkable passion, vision and tenacity attracted the world-class team we have in place today, which serves as the foundation for EverQuote's success. We will be forever grateful for his entrepreneurial spirit and the welcoming and caring environment he cultivated.“

EverQuote Mourns Sudden Passing of Co-Founder & CEO Seth Birnbaum

EverQuote Promotes Jayme Mendal to President EverQuote Promotes Jayme Mendal to President

UPDATE - EverQuote, Inc.

CAMBRIDGE, Mass., Nov. 10, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Nick Graham has been promoted to Marketplace Chief Revenue Officer.

EverQuote Promotes Nick Graham to Marketplace Chief Revenue Officer

CAMBRIDGE, Mass., Nov. 10, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Jayme Mendal has been promoted to President.

EverQuote Promotes Jayme Mandel to President

EverQuote (EVER) Q3 results reflect higher variable marketing margin, offset by higher costs and operating expenses in the reported quarter.

EverQuote (EVER) Reports Wider Q3 Loss, Raises 2020 Guidance

EverQuote, Inc. (EVER) CEO Seth Birnbaum on Q3 2020 Results - Earnings Call Transcript

CAMBRIDGE, Mass., Nov. 02, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the third quarter ended September 30, 2020.

EverQuote Announces Third Quarter 2020 Financial Results

CAMBRIDGE, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Tom Gruber has joined the Company's Advisory Board.

Tom Gruber, Former Head of Siri Advanced Development Group at Apple, Joins EverQuote's Advisory Board

CAMBRIDGE, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Greg O'Brien has joined as Senior Vice President of Business Development.

Greg O'Brien Joins EverQuote as SVP of Business Development

CAMBRIDGE, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report third quarter 2020 financial results after the market close on Monday, November 2, 2020. Management will host a conference call and webcast to discuss the Company's financial results, recent developments and business outlook at 4:30 p.m. ET.

EverQuote to Announce Third Quarter 2020 Financial Results on November 2, 2020

EverQuote (EVER) continues to benefit from its exclusive data asset and technology, solid top-line growth and strong financial profile.

EverQuote (EVER) Up 18% YTD: Is There More Room for Upside?

CAMBRIDGE, Mass., Sept.  07, 2020  (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced today that Co-founder & CEO Seth Birnbaum will be featured in a discussion led by JMP Securities equity research analyst Ron Josey on September 8, 2020. The call will begin at 11:00am ET.

EverQuote Co-founder & CEO Seth Birnbaum to be Interviewed by JMP Securities Analyst Ron Josey on September 8, 2020

Company Positioned to Capitalize on Growth in the Health Insurance Vertical Company Positioned to Capitalize on Growth in the Health Insurance Vertical

EverQuote Announces Closing of Crosspointe Insurance Advisors

EverQuote (EVER) Q2 results reflect higher variable marketing margin, offset by higher costs and operating expenses in the reported quarter.

EverQuote (EVER) Reports Wider Q2 Loss, Raises 2020 Guidance

EverQuote's (EVER) CEO Seth Birnbaum on Q2 2020 Results - Earnings Call Transcript

EverQuote, Inc. (EVER) delivered earnings and revenue surprises of -100.00% and -0.96%, respectively, for the quarter ended June 2020.

EverQuote, Inc. (EVER) Reports Q2 Loss, Lags Revenue Estimates

Company Accelerates Growth of Health Insurance Vertical Company Accelerates Growth of Health Insurance Vertical

EverQuote to Acquire Leading Healthcare Agency Crosspointe Insurance Advisors

CAMBRIDGE, Mass., Aug.  04, 2020  (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced financial results for the second quarter ended June 30, 2020.

EverQuote Announces Second Quarter 2020 Financial Results

CAMBRIDGE, Mass., Aug.  03, 2020  (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Darryl Auguste has joined EverQuote’s Board of Directors, effective immediately.

Darryl Auguste Appointed to the Board of Directors of EverQuote, Inc.

EverQuote, Inc. (EVER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

EverQuote, Inc. (EVER) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

EverQuote can turn into the Amazon of  insurance in the next several years. This opportunity is not fully reflected in EVER stock.

The Recent Weakness of EverQuote Stock Looks Like an Opportunity

CAMBRIDGE, Mass., July  21, 2020  (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Thomas McDermott has joined as Senior Vice President of Health & Medicare.

Thomas McDermott Joins EverQuote as SVP of Health & Medicare

CAMBRIDGE, Mass., July  20, 2020  (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report second quarter 2020 financial results after the market close on Tuesday, August 4, 2020. Management will host a conference call and webcast to discuss the Company's financial results, recent developments and business outlook at 4:30 p.m. ET.

News for EverBank Financial Stock (EVER)