secwatch.observer — SEC 8-K summary
======================================

Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057455
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Q1 revenue $124M, net loss $10.6M; expects auto insurance inflection in Jan
--------------------------------------------------------------------------------

- Revenue $123.9M, down 14% YoY; GAAP net loss $10.6M ($0.19 per diluted share).
- Adjusted net loss $1.4M ($0.03 per share); adjusted EBITDA $1.0M.
- Non-insurance verticals grew 18% YoY, now 79% of total revenue.
- Full-year guidance: revenue growth 5-15% YoY; adjusted EBITDA to grow faster than revenue.
- Q2 guidance: revenue $113-118M, adjusted EBITDA $(0.5)-$0.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000095017023057455/0000950170-23-057455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000095017023057455/qnst-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057455

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