EverQuote Inc (NAS:EVER)
$ 24.26 -0.13 (-0.53%) Market Cap: 842.44 Mil Enterprise Value: 799.82 Mil PE Ratio: 0 PB Ratio: 9.57 GF Score: 61/100

EverQuote Inc at Needham Technology & Media Conference (Virtual) Transcript

May 17, 2022 / 07:00PM GMT
Release Date Price: $9.62 (+1.48%)
Mayank Tandon
Needham & Company - Analyst

Hello, everyone. This is Mayank Tandon. I'm the fintech analyst at Needham. I'd like to welcome Jayme Mendal, the CEO of EverQuote. Jayme, thank you for joining us.

Jayme Mendal
EverQuote, Inc. - CEO

Thank you for having us.

Mayank Tandon
Needham & Company - Analyst

Great. So we're going to do a fireside chat. Jayme, let me start with the big picture question. Coming out of the last quarter, you guys called out some weakness in the auto insurance market. Maybe you could just step back, give us a snapshot of what the market looks like today and then maybe your confidence level in terms of when that tide begins to turn and maybe start to show up in terms of better revenue trends later in the year.

Jayme Mendal
EverQuote, Inc. - CEO

Yes, sure. So I guess I'll take you back to the beginning of this downcycle, which was -- came into COVID, right? And in the auto insurance market, we had vehicles basically off the road for

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