secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-012247
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Q2 rev $122.7M (-8% YoY); guides Q3 $160-170M rev, $7-9M adj EBITDA
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- GAAP net loss $(11.6)M ($(0.21)/share); adjusted net loss $(2.3)M ($(0.04)/share).
- Auto Insurance revenue expected up >100% sequentially in Q3; positive inflection begun.
- Cash $45.5M, no bank debt; adjusted EBITDA $0.4M in seasonally weak Q2.
- FY2024 revenue growth guided 5-15% over FY2023; EBITDA margins to expand rapidly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000095017024012247/0000950170-24-012247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000095017024012247/qnst-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012247

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