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QNST Quinstreet News Story

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QuinStreet Q2 revenue beats analyst expectations

Overview

Performance marketplaces firm's fiscal Q2 revenue rose 2% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q2 beat analyst expectations

Company completed acquisition of HomeBuddy, expanding Home Services footprint

Outlook

QuinStreet expects fiscal Q3 revenue between $330 mln and $340 mln

Company anticipates full fiscal year 2026 revenue between $1.25 bln and $1.3 bln

QuinStreet projects fiscal Q3 adjusted EBITDA between $26.5 mln and $30.5 mln

Result Drivers

AUTO INSURANCE - Demand remained strong, exceeding historical seasonality trends

HOMEBUDDY ACQUISITION - Acquisition expanded Home Services footprint, enhancing growth potential

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$287.85 mln$275.06 mln (5 Analysts)
Q2 Net Income$50.23 mln
Q2 Adjusted EBITDABeat$21 mln$19.43 mln (5 Analysts)
Q2 Gross Profit$27.72 mln
Q2 Operating Income$1.25 mln
Q2 Pretax Profit$1.31 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the online services peer group is "buy" Wall Street's median 12-month price target for QuinStreet Inc is $21.50, about 86.5% above its February 4 closing price of $11.53 The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 13 three months ago Press Release: ID:nBw7k1ympa 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.)

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