Quinstreet, inc. (QNST)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Net revenue

128,663

118,101

126,614

121,964

116,225

104,096

112,869

111,521

117,925

87,494

87,418

81,532

79,205

65,610

73,438

79,113

81,243

64,961

72,389

70,912

75,345

66,694

69,189

67,555

71,888

66,145

76,961

75,707

79,017

71,751

78,626

85,698

93,023

90,523

101,224

94,118

107,705

97,582

103,616

Cost of revenue

114,210

105,318

113,189

107,431

98,350

90,915

96,813

94,786

99,982

75,239

75,940

70,606

69,338

61,657

67,808

71,743

72,956

60,346

65,918

63,006

65,192

60,395

63,409

60,553

61,646

56,116

63,592

60,826

63,863

61,712

65,190

67,044

72,278

68,396

75,748

69,122

78,578

70,662

73,629

Gross profit

14,453

12,783

13,425

14,533

17,875

13,181

16,056

16,735

17,943

12,255

11,478

10,926

9,867

3,953

5,630

7,370

8,287

4,615

6,471

7,906

10,153

6,299

5,780

7,002

10,242

10,029

13,369

14,881

15,154

10,039

13,436

18,654

20,745

22,127

25,476

24,996

29,127

26,920

29,987

Operating expenses:
Product development

3,250

3,399

3,556

3,165

2,864

2,995

3,305

3,430

3,686

3,475

3,214

3,061

3,147

3,314

3,954

3,930

4,214

3,843

4,444

4,095

4,653

4,244

4,956

4,754

4,859

4,776

5,159

4,760

4,891

4,504

4,893

4,806

5,069

5,102

6,074

5,843

6,836

5,933

5,551

Sales and marketing

2,116

2,592

2,363

2,409

2,019

2,283

2,044

2,581

2,789

2,597

2,447

2,188

2,243

2,168

2,590

2,518

2,898

2,982

3,622

3,639

3,881

3,357

3,667

4,689

3,881

3,659

4,156

3,835

3,683

3,496

3,691

2,960

3,394

3,686

4,034

3,285

4,687

4,665

4,745

General and administrative

5,076

5,498

5,825

5,472

13,919

5,049

5,394

4,696

4,889

4,511

4,460

4,086

4,023

3,794

4,031

4,460

4,348

4,138

4,220

3,829

4,300

4,079

4,615

4,217

4,284

4,411

4,134

3,887

4,394

4,019

3,926

7,072

6,239

4,847

5,217

5,206

5,525

4,943

4,722

Restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

38

2,403

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

92,350

-

-

-

-

-

-

-

-

-

Operating income (loss)

4,011

1,294

1,681

3,487

-927

2,854

5,313

6,028

6,579

1,672

1,357

1,591

416

-7,726

-4,945

-3,538

-3,173

-6,348

-5,815

-3,657

-2,681

-5,381

-7,458

-102,299

-2,782

-2,817

-80

2,399

2,186

-94,330

926

3,816

6,043

8,492

10,151

10,662

12,079

11,379

14,969

Interest income

43

54

72

75

80

69

66

63

45

36

37

39

42

36

21

22

23

10

6

11

7

28

26

31

30

27

27

31

28

28

28

29

31

36

38

30

25

47

67

Interest expense

177

177

212

173

96

98

0

-

0

0

-

24

31

135

156

152

155

145

133

1,092

760

786

1,180

912

911

976

1,026

1,024

1,810

1,354

1,012

1,153

1,111

1,115

1,083

1,105

1,091

1,028

989

Other income (expense), net

10,491

-9

-257

29

-8

115

-67

-182

583

243

43

-2,668

142

-25

135

-8

112

65

-57

-330

40

636

2,325

1,544

-3

-29

-19

-72

-39

-4

46

79

3

-93

-31

-95

66

-79

164

Income (loss) before income taxes

14,368

1,162

1,284

3,418

-951

2,940

5,312

5,909

7,207

1,951

1,437

-1,062

569

-7,850

-4,945

-3,676

-3,193

-6,418

-5,999

-5,068

-3,394

-5,503

-6,287

-101,636

-3,666

-3,795

-1,098

1,334

365

-95,660

-12

2,771

4,966

7,320

9,075

9,492

11,079

10,319

14,211

(Provision for) benefit from income taxes

400

-387

152

24

-1,900

-49,900

15

488

90

4

-8

306

-10

0

-1,376

-343

72

40

365

-40

-178

-26

0

-2,873

-993

40,234

-159

-61,422

2,527

32,169

125

2,570

2,093

2,887

3,581

3,046

4,740

3,391

6,710

Net income

13,919

1,549

1,132

3,416

941

52,826

5,297

5,421

7,117

1,947

1,445

-1,368

579

-7,850

-3,569

-3,333

-3,265

-6,458

-6,364

-5,028

-3,216

-5,477

-6,287

-98,763

-2,673

-44,029

-939

-1,582

-2,162

-63,491

-137

201

2,873

4,433

5,494

6,446

6,339

6,928

7,501

Net income per share:
Basic

0.27

0.03

0.02

0.06

0.02

1.07

0.11

0.12

0.15

0.04

0.03

-0.03

0.01

-0.17

-0.08

-0.08

-0.07

-0.14

-0.14

-0.12

-0.07

-0.12

-0.14

-2.27

-0.06

-1.01

-0.02

-0.04

-0.05

-1.48

0.00

0.01

0.06

0.09

0.12

0.13

0.14

0.15

0.17

Diluted

0.26

0.03

0.02

0.06

0.02

1.00

0.10

0.11

0.14

0.04

0.03

-0.03

0.01

-0.17

-0.08

-0.08

-0.07

-0.14

-0.14

-0.12

-0.07

-0.12

-0.14

-2.27

-0.06

-1.01

-0.02

-0.04

-0.05

-1.48

0.00

0.02

0.06

0.09

0.11

0.12

0.13

0.14

0.16

Weighted-average shares used in computing net income per share:
Basic

51,807

51,414

50,845

50,264

49,907

49,490

48,663

47,514

46,602

45,974

45,578

45,470

45,507

45,731

45,668

45,492

45,333

45,127

44,836

44,588

44,522

44,440

44,266

44,008

43,567

43,420

43,117

42,871

42,804

42,777

42,812

43,955

44,870

47,054

47,505

47,140

46,792

45,858

45,098

Diluted

53,439

53,489

53,326

52,961

52,932

52,682

52,441

51,871

51,275

49,614

46,728

45,255

45,722

45,731

45,668

45,492

45,333

45,127

44,836

44,588

44,522

44,440

44,266

44,008

43,567

43,420

43,117

42,871

42,804

42,777

42,812

44,730

45,794

47,937

48,975

49,621

50,593

49,194

47,112