QuinStreet reported record fiscal Q2 revenue of $135.0 million, with revenue excluding divested businesses growing 36% year-over-year. The company's GAAP net income was $0.5 million, or $0.01 per diluted share, and adjusted net income was $7.0 million, or $0.13 per diluted share.
Reported record fiscal Q2 revenue of $135.0 million.
Grew revenue excluding divested businesses 36% year-over-year.
Delivered Auto Insurance revenue growth of 57% year-over-year.
Outperformed expectations for Modernize Home Services acquisition.
Expects continued strong momentum and revenue growth in Insurance and Home Services, and continued improvement in Personal Loans and Credit Cards. Expects revenue in fiscal Q3 to be between $145 and $150 million which, at the midpoint of the range, represents 34% year-over-year growth in revenue excluding divested businesses. Expects adjusted EBITDA to be between $13 and $14 million.
Visualization of income flow from segment revenue to net income
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