QuinStreet, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 03, 2023 at 04:05 pm EDT
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QuinStreet, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 172.67 million compared to USD 150.66 million a year ago. Net loss was USD 0.479 million compared to net income of USD 2.23 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
For the nine months, sales was USD 450.31 million compared to USD 435.6 million a year ago. Net loss was USD 12.98 million compared to USD 0.305 million a year ago. Basic loss per share from continuing operations was USD 0.24 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.24 compared to USD 0.01 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. 
