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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 279M | 40.8% |
| Gross Profit | 28M | 62.9% |
| Cost of Revenue | 251M | 38.7% |
| Operating expense | 36M | 41.1% |
| Net Income | -1.4M | 36.9% |
| EBITDA | 5.2M | 0.4% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 401M | 8.9% |
| Total Liabilities | 181M | 19.5% |
| Total Equity | 220M | 1.4% |
| Shares Outstanding | 56M | 1.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -14M | 182.8% |
| Cash from investing | -2.6M | 28.6% |
| Cash from financing | -9.2M | 354.4% |
EPS
Financial Highlights for QuinStreet in Q3 '24
QuinStreet reported a revenue of 279M, which is a 40.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 28M, marking a 62.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 251M, a 38.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 36M, showing a 41.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -1.4M, showing a 36.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 5.2M, showing a -0.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for QuinStreet with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
