earnings
confidence high
sentiment neutral
materiality 0.70
QuinStreet Q4 revenue $146.5M, down 3% YoY; guides Q1 rev $135-140M
QUINSTREET, INC
2022-FY EPS reported
-$0.10
revenue$582,099,000
- FYQ4 revenue $146.5M (-3% YoY); GAAP net loss $4.9M ($0.09 loss per share); adj EBITDA $5.1M.
- FY2022 revenue $582.1M (+1% YoY); GAAP net loss $5.2M ($0.10 loss per share); adj net income $19.5M ($0.35 dil EPS).
- Non-insurance revenue 56% of total, grew 26% YoY; insurance client vertical stabilized.
- Repurchased 1.7M shares for $17M in Q4; ended FY with $96.4M cash, no bank debt.
- Q1 FY2023 guidance: rev $135-140M, adj EBITDA $3.0-3.4M; CEO expects auto insurance inflection in Jan.