---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-040586"
form_type: "8-K"
ticker: "QNST"
cik: "0001117297"
company_name: "QUINSTREET, INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:23:04.603350+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QuinStreet Q4 revenue $130.3M, down 11% YoY; GAAP net loss $55.9M

## Summary
- GAAP net loss $55.9M ($1.03/diluted share); adjusted net loss $0.5M ($0.01/share).
- Adjusted EBITDA $1.8M; operating cash flow $18M; cash $73.7M; no bank debt.
- Non-insurance client verticals revenue up 26% in FY23 to $367M; expects continued double-digit growth.
- FY2024 Q1 revenue guidance $120-125M; adjusted EBITDA approximately break-even.
- CEO expects auto insurance spending inflection beginning January 2024.

## SEC filing metadata
- accession: 0000950170-23-040586
- form_type: 8-K
- ticker: QNST
- cik: 0001117297
- company_name: QUINSTREET, INC
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117297/000095017023040586/0000950170-23-040586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117297/000095017023040586/qnst-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-040586
- JSON: https://secwatch.observer/filing/0000950170-23-040586.json
- Plain text: https://secwatch.observer/filing/0000950170-23-040586.txt

## Key facts
- Earnings Releases
  QUINSTREET, INC reported the fiscal fourth quarter ended June 30, 2023 results: revenue $130.3 million, net income $(55.9) million, or ($1.03) per diluted share, EPS ($1.03) per diluted share.
  - Period: the fiscal fourth quarter ended June 30, 2023
  - Revenue: $130.3 million
  - Net income: $(55.9) million, or ($1.03) per diluted share
  - EPS: ($1.03) per diluted share
  - Result: reported results
  source text: For the fiscal fourth quarter, the Company reported revenue of $130.3 million, down 11% year-over-year. GAAP net loss for the fiscal fourth quarter was $(55.9) million, or ($1.03) per diluted share. Adjusted net loss for the fiscal fourth quarter was $(0.5) million, or $(0.01) per diluted share. Adjusted EBITDA for the fiscal fourth quarter was $1.8 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117297/000095017023040586/0000950170-23-040586-index.htm
- Earnings Releases
  QUINSTREET, INC reported full fiscal year 2023 results: revenue $580.6 million, net income $(68.9) million, or ($1.28) per share, EPS ($1.28) per share.
  - Period: full fiscal year 2023
  - Revenue: $580.6 million
  - Net income: $(68.9) million, or ($1.28) per share
  - EPS: ($1.28) per share
  - Result: reported results
  source text: For full fiscal year 2023, the Company reported revenue of $580.6 million, approximately flat year-over-year. GAAP net loss for fiscal year 2023 was $(68.9) million, or ($1.28) per share. Adjusted net income for fiscal year 2023 was $7.3 million or $0.13 per diluted share. Adjusted EBITDA for fiscal year 2023 was $16.7 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117297/000095017023040586/0000950170-23-040586-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.