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. (QNST) delivers performance marketing solutions for financial services and home services industries through advanced digital strategies. This page provides centralized access to official press releases and news updates, offering stakeholders timely insights into corporate developments.
Investors and industry professionals will find comprehensive coverage of earnings announcements, strategic partnerships, product innovations, and operational milestones. Our curated collection ensures easy access to verified information directly impacting market positioning and business strategy.
Key updates include quarterly financial results, leadership changes, technology advancements in customer acquisition platforms, and market expansion initiatives. All content undergoes strict verification to maintain factual accuracy and relevance for decision-makers.
Bookmark this page for streamlined monitoring of QNST's evolving role in performance marketing. Check regularly for updates on initiatives driving measurable client outcomes through digital media optimization and lead generation technologies.
QuinStreet, Inc. (Nasdaq: QNST) reported strong Q1 results for the period ended September 30, 2020, with revenues of $139.3 million, a 23% increase year-over-year excluding divested businesses. Net income surged 1197% to $14.7 million, or $0.27 per diluted share. Adjusted net income rose 42% year-over-year to $8.8 million, or $0.16 per diluted share. The company generated $17.6 million in operating cash flow and held $102.2 million in cash at quarter-end. Looking forward, QuinStreet expects Q2 revenue between $118 million and $122 million, anticipating 21% growth year-over-year.
MoneyRates.com highlights a significant gap in retirement planning between genders in its recent survey of 1,000 respondents. As Equal Pay Day approaches on November 2, the survey reveals that women often feel less secure and informed about retirement investments. Specifically, 25% of women could not estimate their stock investments, compared to 12.6% of men. Furthermore, only 6.63% of women sought help from financial professionals. The survey suggests that working with financial advisors can bridge this gap and improve understanding between partners.
QuinStreet (Nasdaq: QNST) reported preliminary financial results for Q1 fiscal 2021, expecting total revenue over $138 million, exceeding prior estimates of $125 million to $130 million. The company anticipates GAAP net income to be at least 10% of revenue and adjusted EBITDA margin around 9%, up from mid-single digits. Highlights include over $100 million in cash at quarter-end and significant year-over-year growth in Auto Insurance revenues of 55%. The quarterly results will be finalized on October 28.
On October 7, 2020, CardRatings.com announced a significant redesign of its homepage, marking its first major update in five years. This overhaul aims to enhance user experience by providing intuitive features and improved functionality for consumers seeking credit card information. The redesign addresses the increasing demand for accessible financial resources amid pandemic-induced challenges. Additionally, CardRatings plans to launch a bimonthly e-newsletter, delivering timely updates on credit card offers and strategies to maximize rewards, reinforcing its commitment to consumer empowerment.
FOSTER CITY, Calif., Sept. 30, 2020 /PRNewswire/ -- According to Insure.com's latest health reform survey, 26% of Americans prefer "Medicare for all" as their top health care option. The survey, conducted with 1,500 participants, shows support for maintaining the current system has increased to 22%, while 20% favor improving the Affordable Care Act (ACA). Only 14% wish to repeal the ACA. Notably, 11% of respondents indicated the COVID-19 crisis influenced their views on Medicare for all. Insure.com has been tracking these preferences quarterly since fall 2019.
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