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. reports company developments tied to its performance marketplaces and technologies for the financial services and home services industries. The company’s updates center on digital media and online marketplace solutions that connect consumer search activity with brands and clients through measurable inquiries such as clicks, leads, calls, applications, and customers.
Recurring news themes include quarterly operating results, auto insurance marketplace demand, Home Services growth, AI optimization across media and performance marketing, and integration activity following the completed HomeBuddy acquisition into Modernize Home Services. Company announcements also cover capital actions such as credit facilities, investor conference participation, and management commentary on marketplace activity and margin performance.
QuinStreet (Nasdaq: QNST) reported Q4 revenue of $151.2 million, a 47% year-over-year increase excluding divested businesses. GAAP net income for the quarter was $3.8 million ($0.07 per diluted share), while adjusted net income was $9.6 million ($0.17 per diluted share). For FY 2021, revenue reached $578.5 million, a 36% growth, with a GAAP net income of $24.0 million ($0.43 per diluted share). The company forecasts Q1 revenue between $150 and $155 million, projecting a 20% growth year-over-year.
On July 29, 2021, Insure.com released a report detailing the insurance costs of used car models from 2006 to 2020. The report highlights the rising importance of considering insurance expenses amid record-high used car prices. Budget-conscious drivers can save on insurance by choosing models like the Honda Odyssey and Chrysler Town & Country, with annual rates between $922 and $958. In contrast, Maserati models like the 2015 Porsche 918 Spyder and other high-end brands have premiums ranging from $4,248 to $5,239. The report emphasizes that consumers should factor in insurance when purchasing used cars.
QuinStreet, Inc. (Nasdaq: QNST) will report its fourth quarter and fiscal year 2021 financial results on August 4, 2021, after market closure. Management will discuss the results during a conference call and webcast at 2:00 PM PT on the same day. Investors can dial into the call using the domestic number +1 800-367-2403 or international number +1 334-777-6978 with passcode 6068023. A replay will be available after the call. For more details, visit QuinStreet's investor site.
On July 21, 2021, MyBankTracker released an analysis by chief research analyst Simon Zhen, highlighting key banking trends for the remainder of the year. As consumers return to a more normal lifestyle, traditional banks are expanding product offerings, including new services to compete with non-bank financial providers. Travel credit cards are ramping up attractive bonuses to entice new applicants, while customers are gradually returning to revamped bank branches, seeking enhanced customer service. Despite returning to physical branches, online banking remains a staple for millions.
CardRatings.com has released a mid-year analysis predicting trends in the credit card industry for the second half of 2021. Analyst Brooklyn Lowery noted the continuation of COVID perks, particularly in travel rewards cards, as the economy reopens. However, credit card approvals remain slow, and banks continue to exercise caution with credit limits. Positive news includes a resurgence in small business credit card approvals. The analyst forecasts low interest rates until 2023, although they may rise in 2022. Travel rewards bonuses are also thriving, with competitive offers expected to continue.
CarInsurance.com has released its 2021 report ranking U.S. states for teen drivers, with New Jersey taking the top spot due to lower fatality rates and stringent GDL laws. Maine and Rhode Island follow in second and third, respectively. Montana ranks the lowest, plagued by high insurance costs and teen driving infractions. The report highlights crucial factors affecting teen driver safety, including fatalities per licensed driver and texting while driving rates. The study aims to inform families about teen driving risks and associated costs.
MoneyRates.com has released essential guidelines for consumers considering robo-advisors to manage their finances. The article emphasizes evaluating various factors before selecting a robo-advisor, including base fees, trading fees, and minimum account sizes. It outlines 10 key considerations, such as fee structures, tax strategies, and socially responsible investing options. Kristin Marino, a finance expert, stresses the importance of monitoring account fees and performance post-selection. MoneyRates is part of QuinStreet (Nasdaq: QNST), providing tools to assist consumers in making informed financial decisions.
CarInsurance.com has launched a new iPhone app designed to alert drivers when their car insurance policies are about to expire. The app allows users to set up reminders for policy renewal and get customized rate quotes. A recent survey revealed that 61% of drivers wanted such reminders, with 65% preferring email notifications. The app is free and aims to help users compare insurance rates easily, enhancing their chances of saving money on insurance. CarInsurance plans to expand the app's features based on user feedback.
QuinStreet, Inc. (Nasdaq: QNST) announced its participation in the 2021 East Coast IDEAS Investor Conference on June 16 and 17, 2021. Management will share insights on the company's performance momentum, market opportunities, and business model with investors. QuinStreet is a leader in performance marketplaces and technologies for the financial and home services industries, known for connecting consumers with brands through digital media.
CarInsurance.com has launched a user-friendly auto insurance estimator tool designed to help drivers estimate their insurance costs based on personal profiles. The tool allows users to compare rates without providing contact information. Key factors influencing insurance rates include vehicle type, experience, marital status, driving record, and mileage. For example, average insurance costs vary significantly by vehicle, with Teslas averaging $2,917. The estimator is part of a suite of resources aimed at helping consumers navigate auto insurance more effectively.