QuinStreet (QNST) closed the last trading session at $15.88, gaining 1.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $28.40 indicates a 78.8% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $5.90. While the lowest estimate of $19 indicates a 19.7% increase from the current price level, the most optimistic analyst expects ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34628 QuinStreet, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 77-0512121 (State or Other Jurisdiction of (I.R.S. Empl ...

QuinStreet, Inc. (NASDAQ:QNST) Q3 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants At this time, I would like to turn the conference over to Senior Director of Investor Relations and Finance, Robert Amparo. Mr. Amparo, you may begin. Patrick Sholl - Barrington Research Oscar Nieves - Stephens, Inc. Zach Cummins - B. Riley Securities FBR Chris Sakai - Singular Research Operator Good day and welcome to QuinStreet's Fiscal Third Quarter 2025 Financial Results Conference Call. Today's c ...

QuinStreet (QNST) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this online marketing services company would post earnings of $0.21 per share when it actually produced earnings of $0.20, delivering a surprise of -4.76%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.QuinStreet ...

QuinStreet (QNST) Q3 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 Good day, and welcome to QuinStreet's Fiscal Third Quarter twenty twenty five Financial Results Conference Call. Today's conference is being recorded. At this time, all lines are in listen only mode. Following prepared remarks, there will be a Q and A session. At this time, I would like to turn the conference over to Senior Director of Investor Relations and Finance, Robert Amparo. Mr. Amparo, you may begin. Speaker1 Thank you, operat ...

Exhibit 99.1 QuinStreet Reports Results for Third Quarter Fiscal 2025 FOSTER CITY, CA – May 7, 2025 – QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced financial results for the fiscal third quarter ended March 31, 2025. The Company will host a conference call and corresponding live webcast at 2:00 p.m. PT. To access the conference call dial +1 800- 717-1738 (domestic) or +1 646-307-1865 (internatio ...

QuinStreet (QNST) shares rallied 8.6% in the last trading session to close at $15.97. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.3% loss over the past four weeks.The upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This online marketi ...

Revenue Composition - Financial services client vertical represented 78% and 77% of net revenue for the three and six months ended December 31, 2024, compared to 58% for both periods in 2023[84]. - Home services client vertical accounted for 21% and 22% of net revenue for the three and six months ended December 31, 2024, down from 40% for both periods in 2023[84]. - Two clients in the financial services vertical contributed 23% and 18% of net revenue for the three months ended December 31, 2024[85]. - Revenue from the insurance business increased by $146.3 million, or 492%, for the three months ended December 31, 2024, due to higher demand from carrier clients[112]. Financial Performance - Net revenue increased by $159.9 million, or 130%, for the three months ended December 31, 2024, compared to the same period in 2023, driven by a 208% increase in revenue from the financial services client vertical[112]. - Gross profit for the three months ended December 31, 2024, was $26.8 million, representing a 290% increase compared to $6.9 million in the same period of 2023[111]. - Gross profit margin improved to 9% for the three months ended December 31, 2024, compared to 6% for the same period in 2023[115]. - Cash provided by operating activities for the six months ended December 31, 2024, was $25.0 million, compared to cash used of $8.6 million for the same period in 2023[130]. - The net loss for the six months ended December 31, 2024, was $2.9 million, with non-cash adjustments totaling $42.8 million[131]. Costs and Expenses - Cost of revenue increased by $140.0 million, or 121%, for the three months ended December 31, 2024, primarily due to increased media and marketing costs[115]. - Operating expenses for the three months ended December 31, 2024, totaled $28.1 million, an increase of 54% compared to $18.2 million in the same period of 2023[117]. - General and administrative expenses increased by $6.7 million, or 88%, for the three months ended December 31, 2024, primarily due to an adjustment to the fair value of contingent consideration[122]. Strategic Initiatives - The company completed strategic acquisitions, including BestCompany and AquaVida in fiscal year 2024, to enhance its market position[89]. - The business model relies on delivering qualified inquiries such as clicks, leads, calls, applications, or customers, which are essential for generating revenue[83]. - The company aims for sustainable revenue growth while maintaining target profitability levels, rather than maximizing short-term profits[82]. Market and Regulatory Environment - Revenue from the auto insurance industry began to increase in calendar 2024 due to rate increases and product optimizations, positively impacting overall revenue[87]. - Seasonal fluctuations affect revenue, particularly with lower media availability during the holiday period and increased demand for home services in spring and summer[93][94]. - The company faces challenges in acquiring high-quality media due to increased competition and changes in search engine algorithms, prompting strategic partnerships and acquisitions[86][90]. - Regulatory changes, such as amendments to the Telephone Consumer Protection Act, may impact revenue and profitability due to their effects on client operations[97]. Cash and Financing - Cash and cash equivalents as of December 31, 2024, were $57.8 million, with expectations of generating additional cash from future operations[126]. - The company has approximately $16.8 million remaining available for stock repurchases as of December 31, 2024, from a previously authorized program[128]. - Cash used in investing activities was $5.4 million for the six months ended December 31, 2024, down from $9.4 million in the same period of 2023[133]. - Cash used in financing activities was $12.3 million for the six months ended December 31, 2024, compared to $10.2 million for the same period in 2023[135]. - Cash used in financing activities in 2024 included $8.5 million for withholding taxes related to restricted stock releases[136]. Accounts and Obligations - The increase in accounts receivable for the six months ended December 31, 2024, was $40.4 million, attributed to higher revenue levels[131]. - The company did not have any material off-balance sheet arrangements during the periods presented[138]. - There have been no material changes in the company's contractual obligations as of June 30, 2024[140]. - The company is primarily exposed to interest rate risk, but believes it does not have material exposure due to the short-term nature of its investments[143].

Financial Data and Key Metrics Changes - QuinStreet reported record revenue for fiscal Q2 2025, with total revenue growing 130% year-over-year to $282.6 million [11] - Adjusted net income was $11.9 million or $0.20 per share, and adjusted EBITDA was $19.4 million [12] - The company expects fiscal Q3 revenue to be between $265 million and $275 million and adjusted EBITDA to be between $19.5 million and $20 million [8][14] Business Line Data and Key Metrics Changes - The Financial Services client vertical represented 78% of Q2 revenue, growing 208% year-over-year to $219.9 million, primarily driven by auto insurance, which grew 615% year-over-year [12] - The Home Services client vertical represented 21% of Q2 revenue, growing 21% year-over-year to $59.6 million [12] - Other revenue accounted for $3.1 million of Q2 revenue [12] Market Data and Key Metrics Changes - The company noted strong demand in auto insurance and continued growth in non-insurance client verticals, with overall non-insurance businesses growing 15% year-over-year [7][68] - QuinStreet closed the quarter with $58 million in cash and equivalents and no bank debt [13] Company Strategy and Development Direction - QuinStreet is focusing on optimizing media efficiencies and client results in auto insurance while pursuing growth initiatives in other verticals [7][15] - The company plans to expand its exposure to agent-driven carriers and business insurance, which represent significant addressable markets [25][80] - Management anticipates reaching a target adjusted EBITDA margin of 10% through ongoing productivity improvements and new higher-margin opportunities [16][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining momentum in auto insurance demand and highlighted the potential for strong double-digit growth [24] - The company views the recent TCPA regulatory changes as a short-term disruption but believes it will lead to long-term improvements in the channel [42] - Management indicated that the volatility seen in the insurance market over the past couple of years is unlikely to continue, expecting a return to a more stable growth trajectory [89] Other Important Information - QuinStreet raised its full fiscal year 2025 revenue outlook to approximately $1.085 billion and adjusted EBITDA to about $82.5 million [9][14] - The company is optimistic about the impact of new regulations on consumer contact rates, believing they will be less disruptive than previously anticipated [10] Q&A Session Summary Question: About maintaining momentum in auto insurance - Management noted a record number of carriers spending significantly with QuinStreet and highlighted the potential for further growth as clients optimize their budgets [23] Question: On overall EBITDA margin expectations - Management acknowledged that margins were impacted by a heavy mix of auto insurance but expects improvements as optimization efforts continue [31][35] Question: Regarding TCPA compliance and its impact - Management indicated that preparations for TCPA compliance provided valuable insights that will enhance operational efficiency moving forward [40] Question: On supply constraints in the media market - Management observed that media companies are shifting focus back to auto insurance, which is expected to alleviate previous supply constraints [48][50] Question: About growth in home services - Management expects better performance in home services in the latter half of the fiscal year due to the lack of TCPA implementation impact [54] Question: On the contribution from top carriers in auto insurance - Management highlighted increased engagement from significant carriers in digital marketing, indicating a dramatic improvement in their capabilities [60] Question: On entering the business insurance market - Management projected that margins in business insurance could be similar to current averages as the market matures [80][82]

Core Viewpoint - QuinStreet (QNST) reported quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.21 per share, but showing improvement from a loss of $0.04 per share a year ago [1][2] Financial Performance - The company posted revenues of $282.6 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 18.38% and significantly up from $122.68 million year-over-year [2] - Over the last four quarters, QuinStreet has surpassed consensus revenue estimates four times [2] Stock Performance - QuinStreet shares have increased approximately 8.4% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $249.03 million, and for the current fiscal year, it is $0.88 on revenues of $1 billion [7] - The estimate revisions trend for QuinStreet is mixed, which may change following the recent earnings report [6] Industry Context - The Internet - Delivery Services industry, to which QuinStreet belongs, is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]