secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001564590-21-053954
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Reports Q1 Revenue $159.6M, Up 15% YoY; Raises FY2022 Outlook
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- GAAP net income $3.1M ($0.06 diluted); adjusted net income $9.4M ($0.17 diluted).
- Adjusted EBITDA $13.4M; operating cash flow $5.8M; normalized free cash flow $11.4M.
- FY2022 revenue guidance raised to $650M-$670M; adjusted EBITDA $65M-$67M.
- Q2 FY2022 revenue guided $130M-$135M; adjusted EBITDA $7M-$8M.
- All client verticals grew double-digit YoY; cash and equivalents $105.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000156459021053954/0001564590-21-053954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000156459021053954/qnst-8k_20211103.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-053954

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