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Earnings Call Summary | QuinStreet(QNST.US) Q4 2024 Earnings Conference

Futu News ·  Aug 10 17:02  · Conference Call

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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