QUINSTREET INC

For the period ended Jun 30, 2024. Filed Aug 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Aug 21, 2024

QNST$18.65-2.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Loss

(In thousands, except per share data)

	Fiscal Year Ended June 30,
	2024	2023	2022
Net revenue	$613,514	$580,624	$582,099
Cost of revenue (1)	567,268	532,101	528,368
Gross profit	46,246	48,523	53,731
Operating expenses: (1)
Product development	30,045	28,893	21,906
Sales and marketing	13,607	12,542	11,042
General and administrative	30,659	27,904	25,501
Operating loss	(28,065)	(20,816)	(4,718)
Interest income	408	296	10
Interest expense	(680)	(790)	(1,075)
Other (expense) income, net	(2,059)	(52)	21
Loss before income taxes	(30,396)	(21,362)	(5,762)
(Provision for) benefit from income taxes	(935)	(47,504)	514
Net loss	$(31,331)	$(68,866)	$(5,248)
Comprehensive loss:
Net loss	$(31,331)	$(68,866)	$(5,248)
Other comprehensive loss:
Foreign currency translation adjustment	(2)	(5)	(6)
Comprehensive loss	$(31,333)	$(68,871)	$(5,254)
Net loss per share, basic and diluted	$(0.57)	$(1.28)	$(0.10)
Weighted-average shares of common stock used in computing net loss per share, basic and diluted	54,917	53,799	54,339

(1)

Cost of revenue and operating expenses include stock-based compensation expense as follows:

Cost of revenue	$8,409	$7,923	$7,475
Product development	3,147	2,880	2,575
Sales and marketing	2,968	2,298	2,378
General and administrative	9,177	5,685	6,078

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.