QuinStreet, Inc. (NASDAQ:QNST) Q2 2024 Earnings Conference Call February 7, 2024 5:00 PM ET
Company Participants
Robert Amparo - Senior Director, IR and Finance
Doug Valenti - CEO
Greg Wong - CFO
Conference Call Participants
John Campbell - Stephens Inc.
Dan Day - B. Riley Securities
Jim Goss - Barrington Research
Jason Kreyer - Craig-Hallum
Chris Sakai - Singular Research
Operator
Good day, and welcome to QuinStreet's Fiscal Second Quarter 2024 Financial Results Conference Call. Today's conference is being recorded. Following prepared remarks, there will be a question-and-answer session.
At this time, I would like to turn the conference over to Senior Director of Investor Relations and Finance, Robert Amparo. Mr. Amparo, you may begin.
Robert Amparo
Thank you, operator. And thank you, everyone, for joining us as we report QuinStreet's fiscal second quarter 2024 financial results. Joining me on the call today are Chief Executive Officer, Douglas Valenti; and Chief Financial Officer, Greg Wong.
Before we begin, I would like to remind you that the following discussion will contain forward-looking statements. Forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ materially from those projected by such statements and are not guarantees of future performance.
Factors that may cause results to differ from our forward-looking statements are discussed in our recent SEC filings, including our most recent 8-K filing made today and our most recent 10-Q filing. Forward-looking statements are based on assumptions as of today, and the company undertakes no obligation to update these statements.
Today, we will be discussing both GAAP and non-GAAP measures. A reconciliation of GAAP to non-GAAP financial measures is included in today's earnings press release, which is available on our Investor Relations website at investor.quinstreet.com.
With that, I will turn the call over to Doug Valenti. Please go ahead, sir.
Doug Valenti
Thank you, Rob and thank you all for joining us. December was a successful quarter. We met or exceeded our objectives in the quarter and continued recent positive themes, including growing non-insurance businesses at strong rates year-over-year, investing in and making good progress on growth initiatives across the business, and positioning ourselves well for the re-ramp of auto insurance client spending.
All that while delivering solidly positive adjusted EBITDA and maintaining our strong balance sheet. I am particularly proud of those accomplishments, given that we were facing the bottom of the insurance cycle, and our toughest seasonal quarter.