The following is a summary of the QuinStreet, Inc. (QNST) Q4 2024 Earnings Call Transcript:
Financial Performance:
Total company revenue grew 52% year-over-year to $198 million for Q4.
Adjusted EBITDA for the quarter increased by approximately 500% year-over-year to over $11 million.
Forecast for Q1 revenue is between $220 million and $230 million, and adjusted EBITDA between $14 million and $16 million.
Full fiscal year 2025 revenue is projected to be between $800 million and $850 million with adjusted EBITDA between $50 million and $60 million.
Business Progress:
The re-ramp of Auto Insurance revenue accelerated significantly, growing over 200% year-over-year.
Financial Services and Home Services client verticals both saw record revenue, with Financial Services growing 82% to $136.9 million and Home Services growing 12% to $59.3 million.
The company aims to continue expanding operational efficiency and vertical offerings, including commercial and B2B insurance.
Opportunities:
Persistent and increasing consumer shopping levels for Auto Insurance, driven by inflation, rate hikes, and potential economic downturns, present a substantial opportunity for revenue growth.
The shift back to digital performance marketing as the primary channel in insurance marketing campaigns supports long-term sector and market growth.
Risks:
The potential impact on Home Services from upcoming TCPA one-to-one consent regulations for telemarketing could disrupt traditional lead generation practices.
More details: QuinStreet IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.