earnings
confidence high
sentiment positive
materiality 0.75
QuinStreet Q3 revenue $168.6M, guides Q4 record $180-190M, auto insurance ramp
QUINSTREET, INC
2024-Q3 EPS reported
-$0.53
revenue$415,193,000
- Revenue $168.6M; GAAP net loss $(7.0)M ($(0.13)/share); adjusted net income $3.4M ($0.06/share).
- Adjusted EBITDA $7.9M; cash $39.6M, no bank debt.
- Sequential revenue growth ~40%; Auto Insurance spending began steep re-ramp in January.
- Q4 guidance: revenue $180-190M (record), adjusted EBITDA $10-11M; >400% YoY EBITDA growth.
- FY2025 outlook: Q4 revenue run rate implies >20% growth over FY2024.