QuinStreet, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023
November 01, 2023 at 04:05 pm EDT
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QuinStreet, Inc. reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was USD 123.92 million compared to USD 143.59 million a year ago. Net loss was USD 10.57 million compared to USD 4.52 million a year ago.
Basic loss per share from continuing operations was USD 0.19 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.08 a year ago.
QuinStreet, Inc. is engaged in providing performance marketplaces and technologies for the financial services and home services industries. The Company allows clients to engage intent digital media or traffic from a range of device types, in multiple formats or types of media, and in a range of cost-per-action (CPA) forms. Its primary products include qualified clicks, leads, calls, applications and customers. The Company specializes in customer acquisition for clients in high value, information-intensive markets, or verticals. Its media sources include owned-and-operated organic or search engine optimization websites, targeted search engine marketing (SEM) or pay-per-click (PPC) campaigns, social media and mobile programs, internal email databases, call center operations, partnerships with large and small online media companies, and more. It owns or accesses targeted media through business arrangements; runs advertisements or other forms of marketing messages and programs, and others.