EverQuote: Online comparison platform triples revenue with auto insurance – revenue exceeds $500 million for the first time
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EverQuote has specialized as an online comparison platform for auto and property insurance. The worst auto insurance market in US history appears to have been overcome, with a tripling of revenue in this area. Further sectors could be explored. The FCC's repealed "One-to-One Consent Rule" creates a favorable environment in the $117 billion market. AI investments are set to accelerate. 2024 delivered records in revenue, net profit, adjusted EBITDA, and operational cash flow. The stock is expected to initiate a trend reversal with a double-digit...
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