QuinStreet, Inc. (NASDAQ:QNST) Q3 2024 Earnings Call Transcript

Doug Valenti: Yes. Hey, Chris. I think on a couple of things, but we’re pretty pleased with the ramp first of all loan. We just drew as fast as we did sequentially 40% and over 100% non-insurance. And we had a record quarter in home services. We had a record quarter in non-insurance and we had a record and we’re going to have a record total company revenue quarter — this quarter Q4. We’re — and by the way have another record quarter in home services in Q4 as well and another record quarter non-insurance in Q4. So we’re firing on all cylinders. On that said as we have as we indicated last couple of quarters the exact pace of the ramp at interest is really hard to predict because the demand and activity there is just extraordinary, but the ability to convert that demand and in a very complicated dynamic system and channel is less predictive was we tried to continue to give you guys the full range and I would say that — and we also don’t feel the need given how well we’re performing to get way out over our skis.

So I’d say that the upper end of the current range gets to the bottom end of the annual. And maybe we’ll see if the slope the slope actually looks like and if we do — how we do from there. But I wouldn’t read anything into that at all? I think what I would remember is we’re already pacing at 20%-plus faster growth for next year than we are this year. And we’ve got a lot to build on that. We’ll probably do much better than that. And now the record quarter in numbers I just gave in our different businesses where it gives you a full indication of just how well everything. But I wouldn’t — I would not read anything more than that into that number.

Chris Sakai: Okay. Thanks for that.

Doug Valenti: You bet.

Operator: Ladies and gentlemen, there are no further questions at this time. Thank you everyone for taking the time to join in QuinStreet’s Earnings Call. Replay information is available on the earnings press release issued this afternoon. This concludes today’s call. Thank you.