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.
Insure.com has published its rankings of the Best Insurance Companies for 2023, marking the 11th year of this annual assessment. The rankings were compiled using consumer surveys and third-party data on customer experience and financial stability. State Farm emerged as the best overall in car, home, and life insurance. Other winners include Nationwide for cheapest car insurance and Kaiser Permanente for health insurance. The report aims to guide consumers in selecting insurers that best meet their unique needs and budget, emphasizing the importance of comparing quotes from multiple providers.
QuinStreet, Inc. (Nasdaq: QNST) has announced its participation in two upcoming investor conferences. The first is the Stephens Annual Investment Conference on November 16, 2022, at The Grand Hyatt Nashville. The second event is the 14th Annual Southwest IDEAS Investor Conference on November 17, 2022, at The Westin Dallas Downtown. The company aims to discuss its performance momentum, market opportunities, and business model with potential investors.
QuinStreet reported fiscal Q1 2023 revenue of $143.6 million, surpassing its outlook, driven by strong performance in Home Services and Credit-driven client verticals. The company faced a GAAP net loss of $4.5 million but achieved adjusted net income of $2.5 million. With a solid cash position of $88.4 million and no bank debt, QuinStreet is forecasted to maintain flat revenue in fiscal Q2, estimating between $120 million and $130 million. Positive momentum in the Auto Insurance sector is anticipated to begin in January 2023.
QuinStreet, Inc. (Nasdaq: QNST) announced it will report its financial results for the first quarter ending September 30, 2022, on November 3, 2022, after market close. A conference call is scheduled at 1:30 PM PT on the same day to discuss the results. The company specializes in performance marketplace technologies for financial and home services industries, connecting consumers with brands through digital media.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces for financial and home services, will participate in the Midwest IDEAS Investor Conference on August 25, 2022, at The Gwen Chicago Downtown Hotel. Management aims to share insights on the company's performance momentum, market opportunities, and business model with investors. QuinStreet is dedicated to matching consumers with brands through online marketplaces, providing essential tools for informed product selection.
Modernize Home Services released its 2022 Homeowner Sentiment Report, surveying over 23,000 homeowners about their home improvement intentions amidst rising costs. The report reveals that 86% of homeowners feel stressed about factors like surging prices and potential recession. Key insights show that 37% plan to research for 1-5 hours before hiring professionals, while 73% lack confidence in their budgeting. Interestingly, 50% intend to pursue additional projects within six months, despite 70% citing high costs as the main barrier. The findings highlight significant homeowner stress levels, particularly among those planning roofing projects.
QuinStreet reported FYQ4 revenue of $146.5 million, down 3% year-over-year, with insurance client revenue stabilizing. Non-insurance revenue grew 26% YoY, representing 56% of total revenue. The company faced a GAAP net loss of $4.9 million in FYQ4, but adjusted net income was $2.0 million, or $0.04 per diluted share. For FY2022, revenue totaled $582.1 million, up 1%, with adjusted EBITDA of $31.0 million. QuinStreet maintained a strong balance sheet with $96.4 million in cash and equivalents and no debt.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces, will announce its financial results for the fourth quarter and full year ended June 30, 2022, after market close on August 3, 2022. Management will conduct a conference call at 2:00 PM PT to discuss the results. This announcement is key for investors to gauge the company's performance in a competitive landscape and impacts strategic decision-making.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces, announced its participation in two upcoming investor conferences:
- 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022.
- Cowen 50th Annual Technology, Media & Telecom Conference on June 2, 2022, in New York City.
The company's management intends to discuss their performance momentum, market opportunities, and business model with investors.
The Designing Spaces TV segment showcased how Modernize.com streamlines the process of hiring home improvement professionals, featuring a successful bathroom remodeling project by Renuity.
In the episode, aired on May 18, 2022, a South Florida couple discussed their positive experience working with Renuity, emphasizing the ease of finding trustworthy contractors through Modernize.
Modernize has connected consumers with contractors for over 20 million appointments since 2005, emphasizing its strong partnership with Renuity in a challenging real estate market.
FAQ
What is the current stock price of QuinStreet (QNST)?
What is the market cap of QuinStreet (QNST)?
What does QuinStreet, Inc. specialize in?
When was QuinStreet, Inc. founded?
What types of marketing products does QuinStreet offer?
Where is QuinStreet, Inc. headquartered?
When did QuinStreet go public?
How does QuinStreet generate revenue?
What recent achievements has QuinStreet made?
How does QuinStreet support its clients?
What industries does QuinStreet serve?
What is a recent project mentioned in QuinStreet's news?
