initial public offerings (IPOs) trading on American exchanges

Monday, May 6, 2019

EverQuote (EVER) reported earnings on Mon 6 May 2019 (a/h)

** charts before earnings **

 

 






** charts after earnings **






EverQuote beats by $0.02, beats on revs; guides Q2 revs above consensus; guides FY19 revs above consensus
  • Reports Q1 (Mar) loss of $0.17 per share, $0.02 better than the S&P Capital IQ Consensus of ($0.19); revenues rose 28.2% year/year to $52.23 mln vs the $48.19 mln S&P Capital IQ Consensus.
    • Adjusted EBITDA of $(1.3) million, compared to $(0.4) million in the first quarter of 2018.
  • Co issues upside guidance for Q2, sees Q2 revs of $49.5-51.5 mln vs. $48.34 mln S&P Capital IQ Consensus.
    • Variable Marketing Margin of $14.0 - $15.0 million.
    • Adjusted EBITDA in the range of $(1.1) - $0.2 million.
  • Co raises guidance for FY19, sees FY19 revs of $197.0-203.0 mln (from $189.0-197.0 mln) vs. $193.62 mln S&P Capital IQ Consensus.
    • Variable Marketing Margin of $55.5 - $58.5 million, an increase from their previous range of $54.0 - $58.0 million.
    • Adjusted EBITDA in the range of $(3.0) - $(1.0) million, an improvement to their previous range of $(4.0) - $(2.0) million.

IPOs this week : May 6 - 10, 19 (wk 19)

IPOs expected to price
  • Parsons (PSN) and Milestone Pharmaceuticals (MIST) on May 7; 
  • HeadHunter (HHR), Applied Therapeutics (APLT), Cortexyme (CRTX), NextCure (NXTC), Mayville Engineering (MEC), South Plains Financial (SPFI), Axcella Health (AXLA) on May 8; 
  • Postal Realty (PSTL) and Sonim Technologies (SONM) on May 8 along with Uber (UBER).


IPO lockup expirations
  • CNFinance (NYSE:CNF) on May 6 and 
  • Toughbuilt Industries (NASDAQ:TBLTU) on May 8.


IPO quiet period expirations
  • Pagerduty (NYSE:PD) and Tufin Software (NYSE:TUFN) on May 6; 
  • Jumia Technologies (NYSE:JMIA) on May 7.

Friday, May 3, 2019

China's Fintech Sector

  •  14 listed companies in the U.S. market:

Company

IPO Date

Exchange

Size, $ MM

Yirendai Ltd. (YRD)

2015.12.18

NYSE

75.0

China Rapid Finance (XRF)

2017.4.28

NYSE

60.0

Qudian, Inc. (QD)

2017.10.18

NYSE

900.0

Hexindai Inc. (HX)

2017.11.3

NASDAQ

50.0

PPDAI Group Inc. (PPDF)

2017.11.10

NYSE

270.0

Jianpu Technology Inc. (JT)

2017.11.16

NYSE

185.6

LexinFintech Holdings Ltd. (NASDAQ:LX)

2017.12.21

NASDAQ

108.0

Senmiao Technology Limited (AIHS)

2018.3.16

NASDAQ

14.0

Golden Bull Limited (DNJR)

2018.3.20

NASDAQ

6.2

X Financial (XYF)

2018.9.19

NYSE

97.2

Pintec Technology Holdings Limited (PT)

2018.10.25

NASDAQ

40.7

CNFinance Holdings Limited (CNF)

2018.11.7

NYSE

45.1

Weidai Ltd. (WEI)

2018.11.15

NYSE

41.9

360 Finance, Inc. (QFIN)

2018.12.14

NYSE

51.2