Financial PerformanceEverQuote's Q1 results came in solidly above expectations, with revenue, VMD, and adj. EBITDA all noticeably above CGe as the recovery in auto insurance customer acquisition spending continues.
Strategic PositionEverQuote generated $23M in cash during the quarter and now holds over $125M in cash, which should strengthen the company's strategic position.
Tech And Product DevelopmentLooking ahead, with EverQuote having replatformed the majority of its tech infrastructure, it should be able to ship new products and features at a much faster pace.