QuinStreet fiscal Q4 revenue beats estimates on financial, home services strength
QuinStreet fiscal Q4 revenue beats estimates on financial, home services strength
Overview
US performance marketplaces provider's fiscal Q4 revenue rose 43% yr/yr, beating analyst expectations
Adjusted EBITDA for fiscal Q4 increased 87% yr/yr and beat analyst expectations
Company cites strong demand in Financial Services and Home Services for quarterly growth
Outlook
QuinStreet expects fiscal Q1 revenue between $370 mln and $380 mln
Company sees fiscal Q1 adjusted EBITDA of $38 mln to $40 mln
QuinStreet forecasts fiscal 2027 revenue of $1.45 bln to $1.55 bln and adjusted EBITDA of $150 mln to $160 mln
Result Drivers
SEGMENT GROWTH - Co said strong demand in Financial Services and Home Services drove Q4 revenue growth
DIGITAL MARKETING SHIFT - Co attributed revenue growth to continued shift of client marketing budgets to digital and performance marketing
AI TECHNOLOGY - Co said industry-leading technologies, including core AI optimization algorithms, helped expand margins and improve productivity
Company press release: ID:nBw3ywm6Ha
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Revenue | Beat | $373.88 mln | $359.90 mln (6 Analysts) |
Q4 Net Income |
| $19.11 mln |
|
Q4 Adjusted EBITDA | Beat | $41.40 mln | $40.13 mln (6 Analysts) |
Q4 Gross Profit |
| $49.81 mln |
|
Q4 Operating Income |
| $19.12 mln |
|
Q4 Pretax Profit |
| $17 mln |
|
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Quinstreet
See all newsQuinStreet Inc reports results for the quarter ended June 30 - Earnings Summary
QuinStreet fiscal Q4 revenue beats estimates on financial, home services strength
Brief: QuinStreet Q4 Revenue USD 373.877 Million Vs. IBES Estimate USD 359.9 Million
QuinStreet Q3 revenue rises on strong demand for auto insurance and home services
Brief: QuinStreet Q3 Revenue USD 346.137 Million Vs. IBES Estimate USD 336.2 Million