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Jun 30, 2021
QuinStreet Q4 2021 Earnings Report
QuinStreet reported record revenue and net income growth in the fiscal fourth quarter and full year 2021.
Key Takeaways
QuinStreet reported a strong fiscal fourth quarter with record revenue of $151.2 million, representing a 29% increase year-over-year. Net income grew by 151%, and adjusted EBITDA increased by 71%. The company anticipates continued momentum and strong performance into fiscal year 2022.
Record FYQ4 revenue of $151 million, growth accelerates to 29%
FYQ4 revenue growth excluding divested businesses accelerates to 47%
Grew net income 151%, adjusted EBITDA 71% in FYQ4
Momentum and strong performance expected to continue in FY22
Revenue by Segment
Forward Guidance
The Company expects the strong business momentum and performance to continue in fiscal Q1 and fiscal year 2022, with continued double-digit organic revenue growth. Revenue in the September quarter, our fiscal Q1, is expected to be between $150 and $155 million, seasonally consistent with last quarter’s outperformance and representing 20% year-over-year growth excluding divested businesses at the midpoint of the range. We expect fiscal Q1 adjusted EBITDA to be between $13.0 and $13.5 million. Revenue for fiscal year 2022 is expected to be between $635 and $665 million, representing 15% year-over-year growth excluding divested businesses at the midpoint of the range. We expect fiscal year 2022 adjusted EBITDA to be between $63.5 and $66.5 million, representing growth of about 25% at the midpoint of the range and another year of margin expansion.
Positive Outlook
- Continued double-digit organic revenue growth expected in fiscal Q1 and fiscal year 2022.
- Fiscal Q1 revenue is expected to be between $150 and $155 million, representing 20% year-over-year growth excluding divested businesses at the midpoint of the range.
- Fiscal Q1 adjusted EBITDA is expected to be between $13.0 and $13.5 million.
- Fiscal year 2022 revenue is expected to be between $635 and $665 million, representing 15% year-over-year growth excluding divested businesses at the midpoint of the range.
- Fiscal year 2022 adjusted EBITDA is expected to be between $63.5 and $66.5 million, representing growth of about 25% at the midpoint of the range and another year of margin expansion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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