secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055710
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Q3 revenue $168.6M, guides Q4 record $180-190M, auto insurance ramp
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- Revenue $168.6M; GAAP net loss $(7.0)M ($(0.13)/share); adjusted net income $3.4M ($0.06/share).
- Adjusted EBITDA $7.9M; cash $39.6M, no bank debt.
- Sequential revenue growth ~40%; Auto Insurance spending began steep re-ramp in January.
- Q4 guidance: revenue $180-190M (record), adjusted EBITDA $10-11M; >400% YoY EBITDA growth.
- FY2025 outlook: Q4 revenue run rate implies >20% growth over FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000095017024055710/0000950170-24-055710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000095017024055710/qnst-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055710

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