QNST News & Events

Reports Q3 revenue $346M, consensus $336.22M. "Fiscal Q3 was another quarter of strong performance and progress for QuinStreet," commented Doug Valenti, CEO of QuinStreet. "We grew revenue 28% and Adj. EBITDA 53% year-over-year, both to new Company records. Our core business is strong, and we are making good progress on initiatives that we expect to continue to deliver strong revenue growth and margin expansion in Fiscal Q4 and beyond."

"Turning to our outlook, we expect revenue in fiscal Q4, to be between $350 and $370 million, up sequentially to yet another new quarterly record, and implying at least 34% growth year-over-year. We expect adjusted EBITDA to be between $37 and $43 million, also up sequentially to yet another new quarterly record, reflecting continued margin expansion, and implying at least 67% growth year-over-year," concluded Valenti.