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

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

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