secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001564590-22-036609
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Q1 revenue $143.6M beats outlook; GAAP loss $0.08, adj EPS $0.05
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000156459022036609/0001564590-22-036609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000156459022036609/qnst-8k_20221103.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-036609

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