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 reported fiscal Q1 2023 revenue of $143.6 million, surpassing its outlook, driven by strong performance in Home Services and Credit-driven client verticals. The company faced a GAAP net loss of $4.5 million but achieved adjusted net income of $2.5 million. With a solid cash position of $88.4 million and no bank debt, QuinStreet is forecasted to maintain flat revenue in fiscal Q2, estimating between $120 million and $130 million. Positive momentum in the Auto Insurance sector is anticipated to begin in January 2023.
QuinStreet, Inc. (Nasdaq: QNST) announced it will report its financial results for the first quarter ending September 30, 2022, on November 3, 2022, after market close. A conference call is scheduled at 1:30 PM PT on the same day to discuss the results. The company specializes in performance marketplace technologies for financial and home services industries, connecting consumers with brands through digital media.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces for financial and home services, will participate in the Midwest IDEAS Investor Conference on August 25, 2022, at The Gwen Chicago Downtown Hotel. Management aims to share insights on the company's performance momentum, market opportunities, and business model with investors. QuinStreet is dedicated to matching consumers with brands through online marketplaces, providing essential tools for informed product selection.
Modernize Home Services released its 2022 Homeowner Sentiment Report, surveying over 23,000 homeowners about their home improvement intentions amidst rising costs. The report reveals that 86% of homeowners feel stressed about factors like surging prices and potential recession. Key insights show that 37% plan to research for 1-5 hours before hiring professionals, while 73% lack confidence in their budgeting. Interestingly, 50% intend to pursue additional projects within six months, despite 70% citing high costs as the main barrier. The findings highlight significant homeowner stress levels, particularly among those planning roofing projects.
QuinStreet reported FYQ4 revenue of $146.5 million, down 3% year-over-year, with insurance client revenue stabilizing. Non-insurance revenue grew 26% YoY, representing 56% of total revenue. The company faced a GAAP net loss of $4.9 million in FYQ4, but adjusted net income was $2.0 million, or $0.04 per diluted share. For FY2022, revenue totaled $582.1 million, up 1%, with adjusted EBITDA of $31.0 million. QuinStreet maintained a strong balance sheet with $96.4 million in cash and equivalents and no debt.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces, will announce its financial results for the fourth quarter and full year ended June 30, 2022, after market close on August 3, 2022. Management will conduct a conference call at 2:00 PM PT to discuss the results. This announcement is key for investors to gauge the company's performance in a competitive landscape and impacts strategic decision-making.
QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces, announced its participation in two upcoming investor conferences:
- 19th Annual Craig-Hallum Institutional Investor Conference on June 1, 2022.
- Cowen 50th Annual Technology, Media & Telecom Conference on June 2, 2022, in New York City.
The company's management intends to discuss their performance momentum, market opportunities, and business model with investors.
The Designing Spaces TV segment showcased how Modernize.com streamlines the process of hiring home improvement professionals, featuring a successful bathroom remodeling project by Renuity.
In the episode, aired on May 18, 2022, a South Florida couple discussed their positive experience working with Renuity, emphasizing the ease of finding trustworthy contractors through Modernize.
Modernize has connected consumers with contractors for over 20 million appointments since 2005, emphasizing its strong partnership with Renuity in a challenging real estate market.
QuinStreet (Nasdaq: QNST) will participate in the Barrington Research Virtual Spring Conference on May 19, 2022, engaging with investors to discuss its performance momentum, market opportunities, and business model. The event aims to highlight the company's leadership in performance marketplaces and technologies within the financial and home services sectors. QuinStreet focuses on providing innovative online marketplace solutions to connect consumers with brands, helping them make informed choices about products and services.
QuinStreet, Inc. (Nasdaq: QNST) reported FYQ3 revenue of $150.7 million, a 2% decrease year-over-year. The firm achieved a GAAP net income of $2.2 million ($0.04 per diluted share) and adjusted net income of $4.9 million ($0.09 per diluted share). Notably, non-Insurance revenue grew 35% YoY, representing 50% of total revenue. The Board authorized a $40 million share repurchase program, indicating confidence amid challenges in the insurance sector. For FYQ4, revenue guidance is between $138 million and $142 million, with adjusted EBITDA expected between $4.5 million and $5 million.
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