Financial Performance - Net revenue decreased by $4.1 million, or 2%, for the three months ended March 31, 2024, compared to the same period in 2023, primarily due to a $8.0 million decrease in the financial services client vertical[123]. - For the nine months ended March 31, 2024, net revenue decreased by $35.1 million, or 8%, with a $48.8 million decrease in the financial services client vertical, partially offset by a $12.6 million increase in the home services client vertical[124]. - The company recorded a net loss of $7.0 million, or 4.3%, for the three months ended March 31, 2024, compared to a net loss of $479,000, or 0.3%, for the same period in 2023[122]. - The net loss for the nine months ended March 31, 2024 was $29.2 million, with non-cash adjustments totaling $37.4 million[141]. Revenue Sources - Financial services client vertical represented 67% and 62% of net revenue for the three and nine months ended March 31, 2024, compared to 70% and 68% for the same periods in 2023[93]. - One client in the financial services vertical accounted for 15% of net revenue for the three months ended March 31, 2024, down from 25% in the same period of 2023[94]. - Revenue from the home services vertical represented 32% and 37% of net revenue for the three and nine months ended March 31, 2024, compared to 29% and 31% for the same periods in 2023[93]. - Revenue from the home services client vertical increased by $3.6 million, or 7%, for the three months ended March 31, 2024, due to increased client budgets[123]. - The company generates revenue primarily from fees earned through the delivery of qualified inquiries such as clicks, leads, calls, applications, or customers[108]. Costs and Expenses - Cost of revenue consists mainly of media and marketing costs, which include fees paid to third-party publishers and media owners[109]. - Cost of revenue decreased by $1.4 million, or 1%, for the three months ended March 31, 2024, primarily driven by decreased media and marketing costs[125]. - Gross profit margin was 8% for the three months ended March 31, 2024, down from 10% in the same period of 2023, attributed to increased compensation costs and depreciation[125]. - Operating expenses increased by $1.2 million, or 17%, for the three months ended March 31, 2024, primarily due to increased stock-based compensation expense[131]. - General and administrative expenses increased by $1.0 million, or 5%, for the nine months ended March 31, 2024, primarily due to increased stock-based compensation expense[132]. Strategic Initiatives - The company completed several strategic acquisitions, including BestCompany and AquaVida in fiscal year 2024, to enhance its market position[99]. - The home services client vertical has been expanding, driven by successful growth initiatives and synergies from the acquisition of Modernize[97]. - The company aims to create revenue growth from sustainable sources while achieving target levels of profitability, rather than maximizing short-term profits[91]. Cash Flow and Liquidity - Cash and cash equivalents as of March 31, 2024, totaled $39.6 million, with liquidity maintained in highly liquid investments[135]. - Cash used in operating activities was $4.5 million for the nine months ended March 31, 2024, compared to cash provided by operating activities of $6.1 million for the same period in 2023[140]. - Cash used in investing activities was $19.1 million for the nine months ended March 31, 2024, compared to $10.7 million for the same period in 2023[145]. - Cash used in financing activities was $10.5 million for the nine months ended March 31, 2024, a decrease from $16.7 million in the same period of 2023[148]. - The company may consider obtaining debt financing or issuing additional equity securities for various reasons, despite not needing additional funds for anticipated liquidity requirements[136]. - The company authorized a new stock repurchase program allowing the repurchase of up to $40.0 million worth of common stock, with $1.6 million and $0.6 million spent in the first and second quarters of fiscal year 2024 respectively[137]. - As of March 31, 2024, approximately $16.8 million remained available for stock repurchases under the board authorization[137]. Working Capital and Accounts Receivable - The increase in accounts receivable for the nine months ended March 31, 2024 was $32.6 million, primarily due to higher revenue levels[141]. - The company reported a net decrease in cash from changes in working capital of $12.8 million for the nine months ended March 31, 2024[141]. Market Conditions - Increased competition for high-quality media and changes in search engine algorithms have posed challenges to the financial services vertical[95]. - The business is affected by seasonality, with typically lower media availability and client budgets in the second fiscal quarter[103]. - The company does not have material exposure to changes in interest rates due to the short-term nature of its investments[155].

QuinStreet, Inc. (NASDAQ:QNST) Q3 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Robert Amparo - Senior Director, Investor Relations & Finance Doug Valenti - Chief Executive Officer Greg Wong - Chief Financial Officer Conference Call Participants John Campbell - Stephens Zach Cummins - B. Riley Securities Mark Hagen - Lake Street Capital Markets Cal Bartyzal - Craig-Hallum Chris Sakai - Singular Research Operator Good day, and welcome to QuinStreet's Fiscal Third Quarter 2024 F ...

Exhibit 99.1 QuinStreet Reports Results for Third Quarter Fiscal 2024 FOSTER CITY, CA – May 8, 2024 – QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced financial results for the fiscal third quarter ended March 31, 2024. For the fiscal third quarter, the Company reported revenue of $168.6 million. GAAP net loss for the fiscal third quarter was $(7.0) million, or $(0.13) per diluted share. Adjusted n ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34628 QuinStreet, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 77-0512121 (State or Other Jurisdiction of (I.R.S. E ...

QuinStreet, Inc. (NASDAQ:QNST) Q2 2024 Earnings Conference Call February 7, 2024 5:00 PM ET Company Participants Robert Amparo - Senior Director, IR and Finance Doug Valenti - CEO Greg Wong - CFO Conference Call Participants John Campbell - Stephens Inc. Dan Day - B. Riley Securities Jim Goss - Barrington Research Jason Kreyer - Craig-Hallum Chris Sakai - Singular Research Operator Good day, and welcome to QuinStreet's Fiscal Second Quarter 2024 Financial Results Conference Call. Today's conference is being ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34628 QuinStreet, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 77-0512121 (State or Other Jurisdiction of (I.R.S. ...

QuinStreet, Inc. (NASDAQ:QNST) Q1 2024 Results Conference Call November 1, 2023 5:00 PM ET Company Participants Robert Amparo - Senior Director, IR and Finance Doug Valenti - CEO Greg Wong - CFO Conference Call Participants Jonathan Bass - Stephens Inc. Jim Goss - Barrington Research Cal Bartyzal - Craig-Hallum Capital Group Dan Day - B. Riley Securities Bruce Goldfarb - Lake Street Capital Chris Sakai - Singular Research Operator Good day, and welcome to QuinStreet’s Fiscal First Quarter 2024 Financial Res ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-34628 QuinStreet, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 77-0512121 (I.R.S. Employer Ide ...

QuinStreet, Inc. (NASDAQ:QNST) Q4 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Robert Amparo – Senior Director-Investor Relations and Finance Doug Valenti – Chief Executive Officer Greg Wong – Chief Financial Officer Conference Call Participants AJ Hayes – Stephens Cal Bartyzal – Craig-Hallum Jim Goss – Barrington Chris Sakai – Singular Max Michaelis – Lake Street Capital Operator Good day, and welcome to QuinStreet’s Fiscal Fourth Quarter and Full Year 2023 Financial Results ...

QuinStreet, Inc. (NASDAQ:QNST) Q3 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Doug Valenti - Chief Executive Officer Greg Wong - Chief Financial Officer Robert Amparo - Senior Director of Investor Relations and Finance Conference Call Participants Jason Kreyer - Craig-Hallum Jonathan Bass - Stephens, Inc. Eric Martinuzzi - Lake Street Jim Goss - Barrington Research Chris Sakai - Singular Research Operator Good day! And welcome to QuinStreet’s Third Quarter and Fiscal Year 2023 ...