QuinStreet, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 07, 2024 at 04:05 pm EST
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QuinStreet, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 122.68 million compared to USD 134.05 million a year ago. Net loss was USD 11.55 million compared to USD 7.98 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to USD 0.15 a year ago.
For the six months, sales was USD 246.61 million compared to USD 277.64 million a year ago. Net loss was USD 22.12 million compared to USD 12.5 million a year ago. Basic loss per share from continuing operations was USD 0.41 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 0.41 compared to USD 0.23 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. 
