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

QuinStreet Q3 revenue fell to $168.6 million; net loss widened to $7.0 million

Mixed Impact 3 of 5 earnings Written later

QuinStreet reported fiscal third-quarter 2024 results for the period ended March 31, 2024. Revenue fell from $172.7 million a year earlier and the GAAP net loss widened to $7.0 million, or $(0.13) per diluted share, from $479 thousand, or $(0.01) per share. The company guided fiscal fourth-quarter revenue to $180 million to $190 million and adjusted EBITDA to $10 million to $11 million, which the filing says would be above year-ago levels.

Key points

  • Q3 revenue was $168.6 million, down from $172.7 million a year earlier.
  • GAAP net loss was $(7.0) million, or $(0.13) per diluted share; adjusted net income was $3.4 million, or $0.06 per diluted share.
  • Adjusted EBITDA was $7.9 million, versus $9.0 million a year earlier.
  • Fiscal Q4 outlook: revenue of $180 million to $190 million and adjusted EBITDA of $10 million to $11 million.

The filing

CompanyQuinStreet (QNST)
Form8-K, current report
Filed with the SECMay 8, 2024, 4:18 PM ET
Accession number0000950170-24-055710

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 May 08, 2024.

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.