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AI filing briefs · archive

8-K filings in August 2023, explained

22 material Form 8-K filings that 21 companies we cover made with the SEC in August 2023, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).

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QNSTQUINSTREET, INC Aug 9, 4:10 PM ET

QuinStreet Q4 revenue fell 11% to $130.3 million; GAAP net loss of $55.9 million

Negative earnings Written later 2.02

QuinStreet reported fiscal fourth-quarter 2023 revenue of $130.3 million, down 11% from a year earlier, and a GAAP net loss of $55.9 million, or $1.03 per diluted share, which includes a $51.9 million tax valuation allowance. Adjusted EBITDA was $1.8 million, versus $5.1 million a year earlier, and the company guided fiscal first-quarter 2024 revenue to $120 million to $125 million.

  • Q4 revenue $130.3 million, down 11% year over year; full fiscal 2023 revenue $580.6 million, approximately flat
  • GAAP net loss $55.9 million ($1.03 per diluted share) in Q4 and $68.9 million for fiscal 2023; the Q4 result includes a $51.9 million tax valuation allowance
  • Adjusted EBITDA $1.8 million in Q4 and $16.7 million for fiscal 2023
  • Company expects fiscal 2024 revenue and adjusted EBITDA to grow at double-digit rates; fiscal Q1 revenue guidance is $120 million to $125 million, with adjusted EBITDA approximately break-even
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Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.