Record Revenue Growth
QuinStreet's revenue grew by 60% year-over-year to $269.8 million, with adjusted EBITDA increasing by 145%.
Financial Services Vertical Performance
Financial services client vertical revenue increased by 78% year-over-year, driven largely by a 165% increase in auto insurance.
Home Services Segment Achievement
Home Services revenue grew 21% year-over-year to a new quarterly record of $65.4 million.
Strong Financial Position
QuinStreet ended the quarter with over $80 million in cash and no bank debt.
Optimistic Outlook and Growth Projections
The company expects full fiscal year 2025 revenue to be between $1.065 billion and $1.105 billion, with adjusted EBITDA growth of at least 89% year-over-year in fiscal Q4.