secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017198
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Q3 FY2023 revenue $172.7M record, up 15% YoY; adjusted EBITDA $9M up 30%
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- Revenue of $172.7M (record), up 15% YoY; GAAP net loss $0.5M ($0.01 loss per share).
- Adjusted net income $6.1M ($0.11 EPS); Adjusted EBITDA $9M, up 30% YoY.
- Auto insurance revenue surged 53% sequentially but expected to decline in Q4; non-insurance revenue up 34% YoY (58% of total).
- FY2023 revenue guidance $575-580M; adjusted EBITDA $16-17M. Expect double-digit growth in FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000095017023017198/0000950170-23-017198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000095017023017198/qnst-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017198

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer