Quinstreet Stock Price, News & Analysis

QuinStreet (QNST) reported record Q1 FY2025 results with revenue of $279.2 million, up 125% year-over-year. Auto insurance revenue surged 664% YoY, while home services revenue grew 32%. Despite posting a GAAP loss of $1.4 million ($0.02 per share), adjusted net income was $12.5 million ($0.22 per share) with adjusted EBITDA of $20.3 million.

The company raised its FY2025 outlook, projecting revenue between $975 million and $1.025 billion, with adjusted EBITDA between $75-80 million. Q2 guidance expects revenue of $235-245 million and adjusted EBITDA of $17.5-18.5 million.

QuinStreet (QNST), a performance marketplace and technology leader in financial and home services, has announced its participation in the 2nd Annual Evercore ISI Insurance Conference. The event will take place on Tuesday, November 12, at the Evercore ISI Offices in New York. During the conference, management will present the company's performance momentum, market opportunities, and business model to investors.

QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, has announced it will report its fiscal first quarter 2025 financial results on Monday, November 4, 2024. The results will be released after the market closes, followed by a conference call and webcast at 2:30 PM PT.

The conference call details are as follows:

• Dial-in: +1 800-717-1738 (domestic) or +1 646-307-1865 (international)
• Replay: +1 844-512-2921 (domestic) or +1 412-317-6671 (international), Passcode: 1189299
• Webcast: http://investor.quinstreet.com/

QuinStreet (Nasdaq: QNST), a leader in performance marketplaces for financial and home services, will take part in the B. Riley Consumer and TMT Conference on September 12 in New York. The event, held at the Sofitel, provides an opportunity for QNST to showcase its:

• Performance momentum
• Market opportunities
• Business model

This participation allows QuinStreet to engage directly with investors, highlighting its strengths in the performance marketing sector. The conference serves as a platform for the company to discuss its strategies and growth prospects in the evolving digital marketplace.

QuinStreet (Nasdaq: QNST) reported its fiscal Q4 and FY2024 results, highlighting a record quarterly revenue of $198.3 million, a 52% increase year-over-year (YoY). Despite a GAAP net loss of $(2.2) million for the quarter, the company achieved an adjusted net income of $6.5 million and an adjusted EBITDA of $11.0 million. For the fiscal year, revenue reached $613.5 million, up 6% YoY, with an adjusted EBITDA of $20.4 million. QuinStreet's cash position remains strong at $50.5 million with no bank debt.

Key growth drivers included a significant re-ramp in Auto Insurance revenue, which soared over 200% YoY, and strong performance in other verticals such as Non-Insurance Financial Services and Home Services, which grew 13% and 12% YoY, respectively. QuinStreet projects continued momentum into FY2025, expecting revenue between $800-$850 million and adjusted EBITDA between $50-$60 million.

QuinStreet (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, has announced it will report its fiscal fourth quarter and full year 2024 financial results on Thursday, August 8, 2024, after market close. The company will hold a conference call and webcast at 2:00 PM PT on the same day to discuss the results.

Interested parties can access the conference call by dialing +1 800-717-1738 (domestic) or +1 646-307-1865 (international). A replay will be available using +1 844-512-2921 (domestic) or +1 412-317-6671 (international) with passcode 1170966. The webcast can be accessed at http://investor.quinstreet.com/.

Credit card delinquency rates have surged to 9% over the past year, per Federal Reserve data. In response, credit card issuers are cutting consumer credit limits to mitigate risks. Key factors driving these decreases include poor economic conditions, overspending, and late payments. CardRatings.com, a credit card review site, advises that these credit limit cuts can negatively impact consumers' credit scores due to increased credit utilization ratios. To counteract this, they recommend paying down existing balances and reducing overall spending. Jennifer Doss, executive editor at CardRatings, underscores the importance of these strategies for maintaining credit health.

Credit card debt saw a $14 billion decline in Q1 2024, dropping from $1.129 trillion at the end of 2023. However, total consumer debt rose by $184 trillion during the same period, suggesting that Americans might be shifting their debt from credit cards to other forms. CardRatings.com discusses this trend and offers insights into credit card refinancing and balance transfer options. Executive editor Jennifer Doss notes that while reducing credit card debt is positive, the overall rise in total debt indicates ongoing financial struggles for many. CardRatings provides advice on using balance transfer credit cards to manage debt more effectively.

QuinStreet, a leader in performance marketplaces and technologies for financial and home services industries, has announced its participation in two upcoming investor conferences.

These include the B. Riley Securities 24th Annual Institutional Investor Conference on May 22 at the Beverly Hilton Hotel in California, and the BMO Insurance Summit on June 13 at the Lotte New York Palace in New York.

Management will discuss the company's performance momentum, market opportunities, and business model with investors.