QuinStreet, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2023
August 09, 2023 at 04:05 pm EDT
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QuinStreet, Inc. reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was USD 130.31 million compared to USD 146.5 million a year ago. Net loss was USD 55.89 million compared to USD 4.94 million a year ago. Basic loss per share from continuing operations was USD 1.03 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 1.03 compared to USD 0.09 a year ago.
For the full year, sales was USD 580.62 million compared to USD 582.1 million a year ago. Net loss was USD 68.87 million compared to USD 5.25 million a year ago. Basic loss per share from continuing operations was USD 1.28 compared to USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 1.28 compared to USD 0.1 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.
QUINSTREET, INC. 
