NASDAQ$QNST

QuinStreet Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

QuinStreet reported record revenue and net income growth in the fiscal fourth quarter and full year 2021.

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

Headline financials

Total Revenue

$151M

Previous: $117M+29.3%
EPS (adj)

$0.17

Previous: $0.14+21.4%
Capital Expenditures

$602K

Previous: $641K-6.1%
Free Cash Flow

$13.8M

Previous: $12.3M+12.0%
Net Income

$3.77M

Previous: $1.5M+151.2%
Operating Income

$5.08M

Previous: -$781K+750.6%
Gross Profit

$18.6M

Previous: $11.8M+57.2%
Cash & Equivalents

$110M

Previous: $108M+2.6%
Total Assets

$450M

Previous: $358M+25.5%
Stock-Based Comp

$4.44M

Previous: $5.5M-19.2%

Revenue & EPS history

QuinStreet · Revenue · Quarterly

$151M

Q4 2021+29.3%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

QuinStreet · $149M total across 2 segments · Q4 2021

  • Financial Services
    $112M
  • Home Services
    $36.9M

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.

Tailwinds

  • 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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+5.5%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+36.7%

Q2 2018

Best reaction

-28.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+2.8%-13.7%-10.6%
Q2 2026+10.7%-2.9%+10.1%
Q1 2026-0.6%+2.7%+4.3%
Q3 2025-14.5%-10.4%-12.1%
Q2 2025-4.3%-8.8%-27.3%
Q1 2025+7.1%+13.0%+12.8%
Q4 2024-7.0%-8.5%+1.4%
Q3 2024-2.7%-7.6%-12.7%
Q2 2024+14.5%+18.1%+17.8%
Q1 2024-1.1%-3.4%+11.5%
Q4 2023+9.8%+6.0%+2.5%
Q3 2023-16.3%-28.2%-5.0%
Q2 2023+15.4%+12.3%+2.8%
Q1 2023+17.9%+18.3%+26.7%
Q4 2022+18.6%+16.7%+14.8%
Q3 2022+12.3%+10.2%+27.1%
Q2 2022-28.0%-27.2%-27.5%
Q1 2022+16.4%+19.2%+17.4%
Q4 2021+7.8%+3.0%+5.9%
Q3 2021-8.5%-11.0%-10.9%
Q2 2021+11.1%+9.3%+5.1%
Q1 2021+4.1%-1.6%+11.7%
Q4 2020+7.2%+9.2%+16.8%
Q3 2020+9.6%+4.0%+14.5%
Q2 2020+14.2%+10.9%-14.0%
Q1 2020+17.7%+19.6%+19.8%
Q4 2019-26.5%-33.0%-28.6%
Q3 2019+6.5%+5.7%+11.9%
Q2 2019-21.6%-23.3%-32.1%
Q1 2019+19.1%+29.1%+17.5%
Q4 2018-10.3%-7.0%-2.9%
Q3 2018-6.7%-3.8%+10.3%
Q2 2018+36.7%+21.1%+38.1%
Q1 2018+24.0%+18.1%+44.8%
Q4 2017+5.1%+4.6%+38.2%
Q3 2017-2.5%-7.8%-2.5%
Q2 2017+2.5%-0.3%-0.9%
Q1 2017-8.6%-11.2%+16.1%
Q4 2016-8.1%-7.2%+0.0%
Q3 2016-9.6%
Q2 2016-9.6%
Q1 2016-8.2%
Q4 2015+2.1%
Q3 2015+5.8%
Q2 2015+20.9%
Q1 2015-6.0%
Q4 2014-2.8%
Q3 2014-12.2%
Q2 2014-10.7%
Q1 2014-5.1%
Q4 2013+1.4%
Q3 2013-2.0%
Q2 2013-0.9%
Q1 2013+1.3%
Q4 2012-0.7%
Q4 2010-0.7%
Q1 2011-0.7%
Q3 2011-0.9%
Q3 2012-15.2%
Q2 2012+3.1%
Q1 2012-20.4%
Q2 2011-20.4%
Q4 2011-20.4%
Q3 2010+1.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro