QuinStreet Files 8-K on Financial Results & Condition
Ticker: QNST · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1117297
| Field | Detail |
|---|---|
| Company | Quinstreet, Inc (QNST) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K
TL;DR
**QuinStreet just dropped its latest financials, time to check the numbers!**
AI Summary
QuinStreet, Inc. filed an 8-K on February 7, 2024, to report its latest financial results and condition. This filing, under Items 2.02 and 9.01, indicates the company is disclosing its recent performance, likely for the quarter ending December 31, 2023. Investors should pay close attention to the detailed financial statements and exhibits to understand the company's revenue, expenses, and profitability, as these figures directly impact the stock's valuation and future prospects.
Why It Matters
This filing signals the release of QuinStreet's latest financial performance, which is crucial for investors to assess the company's health and make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: medium — The risk level is medium because while the filing itself is routine, the actual financial results it contains could significantly impact the stock's value, depending on whether they meet or miss expectations.
Analyst Insight
A smart investor would immediately look for the full financial statements and exhibits attached to this 8-K to analyze QuinStreet's revenue, net income, and cash flow, comparing them against analyst expectations and previous periods to gauge performance.
Key Players & Entities
- QUINSTREET, INC. (company) — the registrant filing the 8-K
- February 7, 2024 (date) — date of earliest event reported and filing date
- 001-34628 (other) — Commission File Number for QuinStreet
- 950 Tower Lane, 12th Floor, Foster City, CA 94404 (other) — principal executive offices address
- 650-578-7700 (other) — registrant's telephone number
- QNST (other) — trading symbol for QuinStreet Common Stock
- The Nasdaq Stock Market LLC (other) — exchange where QuinStreet Common Stock is registered
FAQ
What is the primary purpose of this 8-K filing by QuinStreet, Inc.?
The primary purpose of this 8-K filing by QuinStreet, Inc. is to report 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as indicated by the 'ITEM INFORMATION' sections, specifically under Items 2.02 and 9.01.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 7, 2024, as stated under 'Date of Report (Date of earliest event reported): February 7, 2024'.
What is QuinStreet, Inc.'s trading symbol and on which exchange is its common stock registered?
QuinStreet, Inc.'s trading symbol is QNST, and its Common Stock, par value $0.001 per share, is registered on The Nasdaq Stock Market LLC (Nasdaq Global Select Market).
What is the business address and phone number of QuinStreet, Inc. as listed in the filing?
The business address of QuinStreet, Inc. is 950 Tower Lane, 12th Floor, Foster City, CA 94404, and its telephone number is (650) 578-7700.
Is QuinStreet, Inc. considered an emerging growth company according to this filing?
No, QuinStreet, Inc. is not considered an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 515 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-02-07 16:30:20
Key Financial Figures
- $0.001 — ch Registered Common Stock, par value $0.001 per share QNST The Nasdaq Stock Mar
Filing Documents
- qnst-20240207.htm (8-K) — 43KB
- qnst-ex99_1.htm (EX-99.1) — 550KB
- 0000950170-24-012247.txt ( ) — 733KB
- qnst-20240207.xsd (EX-101.SCH) — 30KB
- qnst-20240207_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On February 7, 2024, QuinStreet, Inc. (the "Company") issued a press release announcing the Company's financial results for the second quarter ended December 31, 2023. A copy of the Company's press release is attached hereto as Exhibit 99.1. The information furnished under Item 2.02 of this Current Report on Form 8-K, including the exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference into the Company's filings with the SEC under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibit Exhibit Number Description 99.1 Press release dated February 7, 2024. 104 Cover Page Interactive Data File, formatted in Inline XBRL and included as Exhibit 101. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Q UIN S TREET , I NC . Dated: February 7, 2024 By: /s/ Gregory Wong Gregory Wong Chief Financial Officer