Brief: EverQuote Announces Preliminary Third Quarter 2021 Financial Results

EverQuote

18/10/2021 21:13

Oct 18 (Reuters) - EverQuote Inc  EVER.O :
    * EVERQUOTE ANNOUNCES PRELIMINARY THIRD QUARTER 2021
FINANCIAL
RESULTS
    * IMPLEMENTS PLAN TO REDUCE NON-MARKETING OPERATING EXPENSES
    * Q3 TOTAL REVENUE IS EXPECTED TO BE IN RANGE OF $106.5 -
$107.5
MILLION
    * Q3 GAAP NET LOSS IS EXPECTED TO BE IN RANGE OF $6.0 - $5.5
MILLION
    * PLANS TO IMPLEMENT AN APPROXIMATELY 10% STRUCTURAL
REDUCTION IN
ITS NON-MARKETING OPERATING EXPENSES
    * PLAN FOR REDUCTIONS COMING PRINCIPALLY FROM ITS AUTO
MARKETPLACE
OPERATIONS
    * Q3 REVENUE VIEW $110.2 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXvJHlY 
Further company coverage:  EVER.O 

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