Welcome to our dedicated page for QuinStreet news (Ticker: QNST), a resource for investors and traders seeking the latest updates and insights on QuinStreet stock.
QuinStreet, Inc. (symbol: QNST) is a pioneering leader in performance marketing technologies and services. Founded in 1999 and with its initial public offering in 2010, QuinStreet has consistently delivered the right leads at the right volume to thousands of industry-leading clients and business brands. The company's headquarters are situated in Foster City, CA, with a global presence through its satellite offices.
QuinStreet specializes in serving clients in large, information-intensive industries. Their innovative approach combines direct marketing expertise, vast search and media reach, and industry-leading technologies to deliver significantly improved results for clients. They generate revenue by delivering measurable online marketing results, which is testament to their efficacy and reliability in the industry.
QuinStreet's offerings include a full spectrum of performance marketing products such as Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions. They have developed a broad range of Internet marketing tools, making them a preferred partner for search engine companies. They excel in building websites with flexible content and offerings that can be customized to meet the specific needs of various user bases.
The company’s recent achievements include several successful partnerships and the continuation of their expansion into new markets. Their financial condition remains robust, supported by consistent performance and strategic growth initiatives. Some of the latest news from QuinStreet highlights their ongoing projects and developments in areas such as Modernize Home Services, underscoring their commitment to innovation and client satisfaction.
MoneyRates.com conducted a survey to explore American investors' attitudes towards bear markets. Results show varied definitions, with 33.07% defining a bear market as a loss of 10% or more over a year. About 44% believe a bear market occurred earlier in 2020 due to the pandemic. The survey indicates that most investors feel a bear market would impact their lifestyle, with over 41% viewing the election as a major threat to the stock market. The study highlights popular ways to shelter investments, emphasizing savings accounts and corporate bonds.
QuinStreet (Nasdaq: QNST) has reported significant advancements in its QuinStreet Rating Platform (QRP), expanding into the home insurance rating market. Launched in December 2019, QRP has already garnered strong adoption with auto insurance agencies, reducing quote and binding time by over 30%. Currently, 17 large agencies with over 4,000 agents are operational or in the process of launching QRP. The platform is now also available for home insurance, allowing personal lines agents to access real-time rates and bind policies in all 50 states, enhancing efficiency and customer satisfaction.
Modernize.com conducted a survey of 5,000 homeowners between September and October 2020, revealing that 76% will forgo travel this holiday season, with 28% focusing on exterior renovations and 17% on both interior and exterior projects. Almost half of homeowners may redirect funds typically spent on travel towards home improvements. Spending plans include 41% intending to spend less than $1,000, while 31% will allocate between $1,001 and $5,000. The survey highlights the potential for increased home renovation financing options as many homeowners will need additional funds for their projects.
Insurance.com has launched a new health insurance finder tool, designed to assist consumers in selecting suitable health coverage. This user-friendly tool guides users through four sets of questions regarding income, household size, ages, and employment status to recommend the best health insurance options. It outlines various insurance avenues including employer-sponsored plans, individual health plans, and government programs. The tool is available during open enrollment periods for Medicare and the Affordable Care Act, providing timely assistance for consumers.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplace technologies, announced participation in the Stephens Annual Investment Conference 2020 on November 17, 2020. The company is eager to share insights on its performance momentum and market opportunities with investors.
QuinStreet specializes in connecting searchers with brands in digital media, focusing on financial and home services. This conference is a platform for discussing their business model and growth potential.
Auto insurance rates vary dramatically by state, impacting drivers differently based on their vehicle profiles. CarInsurance.com provides essential data on the 2020 model cars with the lowest insurance costs. The report reveals that the 2020 Jeep Wrangler Black and Tan is the cheapest to insure across 20 states, with several other models also noted for low premiums. In addition to state-specific information, CarInsurance offers nationwide averages and advice for minimizing insurance payments.
QuinStreet, Inc. (Nasdaq: QNST) reported strong Q1 results for the period ended September 30, 2020, with revenues of $139.3 million, a 23% increase year-over-year excluding divested businesses. Net income surged 1197% to $14.7 million, or $0.27 per diluted share. Adjusted net income rose 42% year-over-year to $8.8 million, or $0.16 per diluted share. The company generated $17.6 million in operating cash flow and held $102.2 million in cash at quarter-end. Looking forward, QuinStreet expects Q2 revenue between $118 million and $122 million, anticipating 21% growth year-over-year.
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