The market expects QuinStreet (QNST) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

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 September 30, 2024 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 | --- | --- | |-----------------------------------------------------------------------------------------|--------------------------- ...

Financial Data and Key Metrics - Fiscal Q1 2025 revenue grew 125% YoY and 41% sequentially, driven by auto insurance carrier budgets and expanded client, media, and product footprints [6] - Adjusted EBITDA jumped to over $20 million in Q1 [6] - Auto Insurance revenue grew 664% YoY to a record level, while Financial Services revenue grew 192% and Home Services revenue grew 32% [7] - Total revenue for Q1 was $279.2 million, with adjusted net income of $12.5 million or $0.22 per share, and adjusted EBITDA of $20.3 million [13] - Financial Services represented 76% of Q1 revenue, growing 192% YoY to $210.9 million, driven by Auto Insurance [14] - Home Services represented 23% of Q1 revenue, growing 32% YoY to a record $65.1 million [14] Business Line Performance - Auto Insurance revenue reached a record level, with a 664% YoY growth, driven by increased carrier budgets and media optimization [7][14] - Non-insurance Financial Services, including personal loans, credit cards, and banking, grew 18% combined [14] - Home Services revenue grew 32% YoY, reflecting strong market opportunities and progress on growth initiatives [14][32] Market Performance - The company expects strong continued growth in Auto Insurance, with carriers reporting good results and increased demand [7] - The Home Services market is expected to grow at strong double-digit rates over the long term, despite potential short-term impacts from TCPA rule changes [32] Strategic Direction and Industry Competition - The company is focused on increasing and optimizing media supply to meet surging carrier demand, which should further expand margins [7] - FCC changes to TCPA rules are expected to accelerate industry rationalization and consolidation, benefiting the company disproportionately [10] - The company is expanding its media supply through both partnerships and owned-and-operated properties, with a focus on improving margins [27][29] Management Commentary on Operating Environment and Future Outlook - The company raised its full fiscal year 2025 outlook, expecting revenue of about $1 billion and adjusted EBITDA between $75 million to $80 million [8][16] - Management remains bullish on the Auto Insurance market, with no signs of a slowdown from carriers [20] - The company is maintaining a conservative posture regarding FCC rule changes and potential election-related disruptions [23][24] Other Important Information - The company closed Q1 with $25 million in cash and equivalents, with a normalized cash balance of approximately $47 million after receiving $22 million in payments post-quarter end [15] - Seasonality is expected to impact Q2, with a typical 10% sequential decline in revenue due to reduced client staffing and budgets during the holiday period [15] Q&A Session Summary Question: Insurance growth and seasonality - Insurance revenue grew over 80% sequentially, with a typical 10% sequential decline expected in Q2 due to seasonality [19] - The company has factored in seasonality and remains positive about carrier demand [20] Question: Full-year guidance and back-half expectations - The company expects a more modest outlook for Home Services in the back half due to TCPA rule changes, but remains optimistic about long-term growth [21][22] - The company is maintaining a conservative posture regarding FCC rule changes and election-related disruptions [23][24] Question: Insurance market dynamics - The insurance market is seeing broader client participation and increased scale, with carriers becoming more sophisticated in their digital and performance strategies [26] Question: Media supply and margin opportunities - The company is increasing media supply through partnerships and owned-and-operated properties, with a focus on improving margins [27][29] Question: Home Services growth and TCPA impact - Home Services growth is driven by market opportunities and progress on initiatives, with TCPA expected to have a direct impact but higher conversion rates offsetting some effects [31][32] Question: Free cash flow and collections - Free cash flow was impacted by timing of payments, with collections expected to normalize in Q2 [33] Question: Carrier spend and LTV analysis - Carriers are becoming more sophisticated in analyzing spend versus lifetime value (LTV), with Progressive representing 20% of Q1 revenue [35][36] Question: CapEx and free cash flow estimates - CapEx expectations remain unchanged, with free cash flow estimates based on adjusted EBITDA minus CapEx [37] Question: Auto Insurance growth and scaling - The company expects strong double-digit growth in Auto Insurance, with no significant headwinds to scaling [39] Question: Election impact on Auto Insurance - The company is maintaining a conservative posture regarding potential election-related disruptions [40] Question: State insurance rate regulations - California remains a challenge for insurance rate adjustments, with no significant changes expected post-election [42][43] Question: Interest rate impact on verticals - Lower interest rates are expected to benefit credit cards and personal loans, while having a neutral impact on Home Services and insurance [44][45][46]

QuinStreet (QNST) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this online marketing services company would post earnings of $0.11 per share when it actually produced earnings of $0.11, delivering no surprise.Over the last four quarters, the ...

Revenue Growth - Record quarterly revenue of $279 million, up 125% YoY[1] - Auto insurance quarterly revenue increased by 664% YoY[1] - Home services quarterly revenue grew by 32% YoY[1] - Financial Services revenue grew 192% YoY in the quarter[3] - Financial Services revenue increased to $210,891 thousand from $72,125 thousand, a 192.4% growth[24] - Home Services revenue grew to $65,075 thousand from $49,394 thousand, a 31.7% increase[24] - Total net revenue rose to $279,219 thousand from $123,923 thousand, a 125.3% year-over-year growth[24] Adjusted EBITDA and Net Income - Adjusted EBITDA for the fiscal first quarter was $20.3 million[2] - Adjusted EBITDA improved significantly to $20,317 thousand from $984 thousand in the previous year[22] - Adjusted net income for the fiscal first quarter was $12.5 million, or $0.22 per diluted share[2] - Expected Q2 revenue between $235 and $245 million, and adjusted EBITDA between $17.5 and $18.5 million[4] - Full fiscal year adjusted EBITDA expected to be between $75 million and $80 million[5] Financial Outlook - Expected Q2 revenue between $235 and $245 million, and adjusted EBITDA between $17.5 and $18.5 million[4] - Raised full fiscal year 2025 revenue outlook to between $975 million and $1.025 billion[5] - Full fiscal year adjusted EBITDA expected to be between $75 million and $80 million[5] Expenses - Cost of revenue increased to $2,875 thousand from $2,052 thousand, reflecting a 40.1% year-over-year growth[19] - Product development expenses rose to $1,046 thousand from $773 thousand, a 35.3% increase[19] - Sales and marketing expenses grew to $1,095 thousand from $640 thousand, up 71.1%[19] - General and administrative expenses surged to $3,391 thousand from $1,810 thousand, an 87.3% increase[19] Cash Flow and GAAP Loss - Net cash used in operating activities was $(13,706) thousand, compared to $(4,973) thousand in the prior year[20] - Normalized free cash flow improved to $18,065 thousand from $(4,971) thousand in the prior year[23] - GAAP loss for the fiscal first quarter was $1.4 million, or $(0.02) per diluted share[2]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-34628 QuinStreet, Inc. (Exact name of registrant as specified in its charter) Delaware 77-0512121 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Ide ...

Financial Data and Key Metrics - Total company revenue grew 52% year-over-year to a record $198 million in Q4 [4] - Adjusted EBITDA jumped about 500% year-over-year in Q4 to over $11 million [4] - The company ended the year with $50.5 million in cash and no bank debt [8] - For Q1, revenue is expected to be between $220 million and $230 million, representing 82% year-over-year growth at the midpoint [6] - Adjusted EBITDA for Q1 is expected to be $14 million to $16 million, growth of over 1400% at the midpoint [6] - Full fiscal year 2025 revenue is expected to be between $800 million and $850 million, growth of 34% year-over-year at the midpoint [6] - Full fiscal year 2025 adjusted EBITDA is expected to be $50 million to $60 million, growth of 170% year-over-year at the midpoint [6] Business Line Data and Key Metrics - Auto Insurance revenue grew over 200% year-over-year in Q4 [4] - Non-insurance Financial Services client verticals grew 13% year-over-year in Q4 [4] - Home Services grew 12% year-over-year in Q4 [4] - Financial Services client vertical represented 69% of Q4 revenue and grew 82% year-over-year to $136.9 million [8] - Home Services client vertical represented 30% of Q4 revenue and grew 12% year-over-year to $59.3 million [8] - For full fiscal year 2024, Financial Services client vertical represented 64% of revenue and grew 3% year-over-year to $392.6 million [8] - Home Services client vertical represented 35% of full fiscal year revenue and grew 10% year-over-year to $211.9 million [8] Market Data and Key Metrics - Auto Insurance carriers continue to report attractive financial results and are still ramping their spend, with demand being broad-based [4][7] - The shift to digital performance marketing has returned as the dominant theme driving long-term channel and market growth in Auto Insurance [5][7] - The company is seeing strength across both direct carriers and agent-driven carriers in Auto Insurance [23] - The independent agency channel in Auto Insurance is still lagging, as carriers are just starting to get products back into the market [24] Company Strategy and Industry Competition - The company expects strong revenue growth and margin expansion in fiscal Q1 and full fiscal year 2025, driven by the re-ramp of Auto Insurance and continued momentum in non-insurance client verticals [5][9] - The company is focused on optimizing media supply to align with the surge in demand in Auto Insurance [5][35] - The company believes there are opportunities to scale revenue and expand margins further than current guidance suggests [6][34] - The company is well-positioned to benefit from the shift to digital performance marketing in Auto Insurance, as most carriers are still below where they should be in terms of online spend [48][49] Management Commentary on Operating Environment and Future Outlook - Management expects all businesses to grow at strong double-digit rates in fiscal 2025, with no deceleration anticipated [13][14] - The company is confident in continued progress and performance across all client verticals, with Auto Insurance expected to remain very strong [5][14] - Management believes the company is well-positioned for any economic scenario, including a potential recession, as it has grown through past recessions [39][43] - The company expects consumer shopping in Auto Insurance to remain high due to inflation and rate increases, which should be a tailwind for the industry [51][52] Other Important Information - The company is preparing for TCPA one-to-one consent regulations that will impact 20% to 30% of its business, mainly in Home Services, but believes the impact is well-accounted for in its outlook [25][26][28] - The company sees the TCPA regulations as a long-term positive for the channel and for QuinStreet, as it will clean up the market and make leads more effective and valuable [29][30] - The company is always looking for M&A opportunities, particularly in the small to midsized players on the media client or technology side of the industry, but nothing is imminent [37][38] Q&A Summary John Campbell (Stephens) - Asked about potential deceleration in Home Services or non-auto businesses, to which management responded that no deceleration is expected and all businesses are expected to grow at strong double-digit rates [12][13] - Asked about industry consolidation and margin opportunities, with management noting that 10% margins are still the target and that consolidation is a complicated question with potential barriers [15][16][17][19] Zach Cummins (B Riley Securities) - Asked about strength among Auto Insurance carriers, with management noting broad-based demand across carriers and products, but that no carrier is back to pre-COVID peak levels [22][23][24] - Asked about TCPA regulations and their impact on Home Services, with management detailing preparations and the expected long-term benefits for the channel and QuinStreet [25][26][27][28][29][30] Jason Kreyer (Craig-Hallum) - Asked about opportunities to scale revenue and margins faster, with management noting potential upside based on current run rates and initiatives [33][34] - Asked about optimizing media supply, with management detailing efforts to right-price media and segment/match media to carriers [35][36] James Goss (Barrington Research) - Asked about M&A opportunities, with management noting nothing imminent but that the company is always looking and is a natural consolidator [37][38] - Asked about the impact of potential interest rate cuts, with management detailing expected dynamics across various businesses [39][40][41][42] - Asked about exposure to states avoiding new Auto Insurance policies, with management noting no material exposure [44][45] - Asked about new verticals, with management detailing plans to add new trades in Home Services, segments in banking, and areas in insurance [46] Chris Sakai (Singular Research) - Asked about the growth potential of Auto Insurance, with management noting the massive market opportunity as spend shifts online and detailing expansion into commercial insurance and other areas [48][49][50] - Asked about the impact of fires and storms on insurance revenue, with management noting record shopping levels due to inflation and rate increases, but limited carrier willingness to cover California [51][52]

QuinStreet (QNST) came out with quarterly earnings of $0.11 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.01 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 $0.07 per share when it actually produced earnings of $0.06, delivering a surprise of -14.29%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. QuinStreet ...

Exhibit 99.1 QuinStreet Reports Fiscal Fourth Quarter and FY2024 Results • Record quarterly revenue of $198 million, up 52% YoY • Seeing significantly improved profitability with operating leverage • Steep re-ramp of auto insurance revenue continues and is broad-based • Expect strong FY2025 revenue growth and further margin expansion • Strong cash flow and balance sheet, no bank debt FOSTER CITY, CA – August 8, 2024 – QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for ...