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Stock impact report

QuinStreet Reports Results for Second Quarter Fiscal 2024

QuinStreet, Inc. (QNST) 
Last quinstreet, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.quinstreet.com/company-overview
Company Research Source: Business Wire
Continued strong execution and results in December quarterThe significant positive inflection in Auto Insurance has begunExpect a strong sequential Company revenue ramp in fiscal Q3 and again in Q4Expect adjusted EBITDA margins to expand rapidly with revenue growth FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced financial results for the fiscal second quarter ended December 31, 2023.For the fiscal second quarter, the Company reported revenue of $122.7 million, down 8% year-over-year.GAAP net loss for the fiscal second quarter was $(11.6) million, or $(0.21) per diluted share. Adjusted net loss for the fiscal second quarter was $(2.3) million, or $(0.04) per diluted share.Adjusted EBITDA for the fiscal second quarter was $0.4 million.The Company closed the fiscal second quarter with $45.5 million in cash and cash equivalents and no ban Show less Read more
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