secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000950170-24-120708
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet reports record Q1 FY2025 revenue of $279M (+125% YoY); raises outlook
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- Revenue $279.2M, up 125% YoY and 41% sequentially; record auto insurance revenue up 664% YoY.
- GAAP net loss $1.4M ($0.02 diluted); adjusted net income $12.5M ($0.22 diluted).
- Adjusted EBITDA $20.3M in Q1; Q2 guidance revenue $235-245M, adjusted EBITDA $17.5-18.5M.
- Full FY2025 revenue outlook raised to $975M-$1.025B; adjusted EBITDA to $75M-$80M.
- CEO cites broad auto insurance carrier ramp; expects FCC TCPA rule changes as positive long-term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000095017024120708/0000950170-24-120708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000095017024120708/qnst-20241104.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-120708

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