QuinStreet, Inc. announced strong financial results for the fiscal second quarter ended December 31, 2024, with record revenue of $282.6 million, up 130% year-over-year, driven by unprecedented growth in Auto Insurance client demand. The company also reported adjusted net income of $11.9 million and adjusted EBITDA of $19.4 million.
Record quarterly revenue reached $282.6 million, marking a 130% year-over-year increase.
Auto insurance quarterly revenue surged by 615% year-over-year.
Non-insurance revenue experienced a 15% year-over-year growth.
The company raised its outlook for full fiscal year 2025 revenue and Adjusted EBITDA.
QuinStreet expects continued strong demand in Auto Insurance and growth in non-Insurance client verticals, leading to an increased outlook for full fiscal year 2025 revenue and Adjusted EBITDA.
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