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AI brief of an SEC Form 8-K · QuinStreet (QNST)

QuinStreet Q2 revenue falls 8% to $122.7 million; net loss widens to $11.6 million

Negative Impact 3 of 5 earnings Written later

QuinStreet reported fiscal second-quarter 2024 results for the quarter ended December 31, 2023, with revenue down 8% year over year and a GAAP net loss that widened from the prior-year period. The company said it expects revenue of $160 million to $170 million and adjusted EBITDA of $7 million to $9 million for fiscal third quarter, and it continues to expect full-year fiscal 2024 revenue to grow 5% to 15%.

Key points

  • Q2 revenue was $122.7 million, down 8% from the prior year; GAAP net loss was $(11.6) million, or $(0.21) per diluted share, versus $(8.0) million, or $(0.15), a year earlier
  • Adjusted EBITDA was $0.4 million, compared with $1.0 million in the prior-year quarter
  • Fiscal Q3 outlook: revenue of $160 million to $170 million and adjusted EBITDA of $7 million to $9 million
  • Full-year fiscal 2024 revenue growth outlook of 5% to 15% was reiterated; cash totaled $45.5 million with no bank debt

The filing

CompanyQuinStreet (QNST)
Form8-K, current report
Filed with the SECFeb 7, 2024, 4:30 PM ET
Accession number0000950170-24-012247

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 07, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.