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. (NASDAQ: QNST) is active in performance marketplaces and technologies for the financial services and home services industries, which makes its news flow particularly relevant to investors and industry observers. The company regularly issues updates on its financial performance, strategic transactions, capital structure, and the evolution of its digital marketplace platforms.
News about QuinStreet often includes quarterly and annual earnings results, where the company discusses net revenue, profitability, cash flow, and non-GAAP measures such as adjusted EBITDA, adjusted net income, and free cash flow. These releases also describe trends in key client verticals, including auto insurance and home services, and provide management commentary on performance, market opportunity, and business model.
QuinStreet’s news feed also features transaction and financing announcements. Recent examples include the agreement to acquire, and subsequent closing of the acquisition of, SIREN GROUP AG d/b/a HomeBuddy, a home services demand generation provider. Related news covers the establishment of a senior secured revolving credit facility intended in part to fund this acquisition and to support general corporate purposes.
Investors following QNST can also expect corporate and investor relations updates, such as notices of participation in investment conferences, share repurchase program activity, and scheduling of earnings calls and webcasts. In addition, QuinStreet-related news may highlight developments at its owned properties, such as CarInsurance.com, including research reports and studies on car insurance markets.
This news page aggregates these items, giving readers a single location to review QuinStreet’s latest press releases, financial disclosures, and marketplace developments. For those tracking the company’s role in performance marketing for financial services and home services, monitoring QNST news provides insight into its strategic direction, operating trends, acquisitions, and capital allocation decisions.
QuinStreet, Inc. (Nasdaq: QNST) has scheduled its second quarter fiscal 2023 financial results announcement for February 8, 2023, after market close. The company will hold a conference call at 2:00 PM PT to discuss these results. As a leader in performance marketplace technologies for the financial and home services industries, QuinStreet aims to assist consumers in finding suitable products and brands.
Insure.com has published its rankings of the Best Insurance Companies for 2023, marking the 11th year of this annual assessment. The rankings were compiled using consumer surveys and third-party data on customer experience and financial stability. State Farm emerged as the best overall in car, home, and life insurance. Other winners include Nationwide for cheapest car insurance and Kaiser Permanente for health insurance. The report aims to guide consumers in selecting insurers that best meet their unique needs and budget, emphasizing the importance of comparing quotes from multiple providers.
QuinStreet, Inc. (Nasdaq: QNST) has announced its participation in two upcoming investor conferences. The first is the Stephens Annual Investment Conference on November 16, 2022, at The Grand Hyatt Nashville. The second event is the 14th Annual Southwest IDEAS Investor Conference on November 17, 2022, at The Westin Dallas Downtown. The company aims to discuss its performance momentum, market opportunities, and business model with potential investors.
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.
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