earnings
confidence high
sentiment neutral
materiality 0.65
QuinStreet Q1 revenue $143.6M beats outlook; GAAP loss $0.08, adj EPS $0.05
QUINSTREET, INC
2023-Q1 EPS reported
-$0.08
revenue$143,593,000
- Revenue of $143.6M exceeded company outlook; GAAP net loss $4.5M ($0.08 loss per diluted share).
- Adjusted net income $2.5M ($0.05 per share); Adjusted EBITDA $4.8M.
- Cash from operations $5.7M; cash & equivalents $88.4M, no bank debt.
- FQ2 2023 revenue guidance $120M-$130M; adjusted EBITDA approximately break-even.
- Auto Insurance weakness offset by Home Services & Credit; positive inflection expected in January.