Quinstreet ( (QNST) ) has released its Q3 earnings. Here is a breakdown of the information Quinstreet presented to its investors.
QuinStreet, Inc. is a prominent player in performance marketplaces and technologies, primarily serving the financial services and home services sectors, known for its innovative online marketplace solutions that connect consumers with brands.
In its third fiscal quarter of 2025, QuinStreet reported a remarkable 60% year-over-year increase in revenue, reaching $270 million, with significant growth across its financial services and auto insurance verticals. The company also highlighted its strong cash position and lack of bank debt, alongside expanding profitability.
Key financial metrics from the quarter include a GAAP income of $4.4 million and an adjusted net income of $12.4 million. The company’s adjusted EBITDA surged by 145% to $19.4 million, while operating cash flow stood at $30.1 million. Notably, financial services revenue soared by 78%, and auto insurance revenue saw a 165% increase, contributing to the overall revenue growth.
Looking ahead, QuinStreet maintains its optimistic outlook for the full fiscal year 2025, expecting revenue growth of at least 18% in the fourth quarter and adjusted EBITDA growth of at least 89%. The company remains focused on managing expenses, expanding margins, and capitalizing on significant market opportunities.