secwatch.observer — SEC 8-K summary
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Issuer:     QUINSTREET, INC (QNST)
CIK:        0001117297
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001564590-23-001615
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuinStreet Q2 revenue $134M beats outlook; Q3 guidance record $160-170M, EBITDA $7-8M
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- Revenue $134M for Q2 FY2023; GAAP net loss $8.0M ($0.15 EPS); adjusted EBITDA $1.0M.
- Cash $79.1M, no bank debt; strong balance sheet.
- Q3 guidance: Revenue $160-170M (record), adjusted EBITDA $7-8M.
- Full-year FY2023 guidance: Revenue $610-630M, adjusted EBITDA $25-30M.
- CEO: Insurance client spending re-ramp began in Jan; expect accelerating revenue and margin growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117297/000156459023001615/0001564590-23-001615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117297/000156459023001615/qnst-8k_20230208.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-001615

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