QuinStreet posts record Q4 revenue $151M; guides FY22 revenue $635-665M

QUINSTREET, INC

2021-FY EPS reported $0.43 revenue$578,487,000

Q4 revenue $151.2M (+29% YoY); ex-divestitures grew 47%.
Q4 GAAP net income $3.8M ($0.07 diluted); adjusted net income $9.6M ($0.17).
Q4 adjusted EBITDA $14.3M, up 71% YoY; FY21 adjusted EBITDA $52.3M (+44%).
Q1 FY22 guidance: revenue $150-155M, adjusted EBITDA $13.0-13.5M.
FY22 guidance: revenue $635-665M, adjusted EBITDA $63.5-66.5M (~25% growth at midpoint).

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