earnings
confidence high
sentiment positive
materiality 0.80
QuinStreet Q2 revenue $134M beats outlook; Q3 guidance record $160-170M, EBITDA $7-8M
QUINSTREET, INC
2023-Q2 EPS reported
-$0.23
revenue$277,641,000
- Revenue $134M for Q2 FY2023; GAAP net loss $8.0M ($0.15 EPS); adjusted EBITDA $1.0M.
- Cash $79.1M, no bank debt; strong balance sheet.
- Q3 guidance: Revenue $160-170M (record), adjusted EBITDA $7-8M.
- Full-year FY2023 guidance: Revenue $610-630M, adjusted EBITDA $25-30M.
- CEO: Insurance client spending re-ramp began in Jan; expect accelerating revenue and margin growth.