Thread regarding Dream Center Education Holdings, LLC (DCEH) layoffs

DCEH fails to pay predatory lead generator

Ripple effects...

"Excluding the net one-time charge of $5.8 million related to the write-off of an outstanding receivable related to Dream Center Education Holdings (“DCEH”), adjusted EBITDA for fiscal year 2019 would have been $40.3 million, or 9% of revenue, an increase of 16% year-over-year."

https://www.sec.gov/Archives/edgar/data/1117297/000156459019030830/qnst-ex991_6.htm

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Post ID: @OP+10sCZEdk

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"It’s just that DCEH, it’s a big boat anchor to be dragging around with us for a couple more quarters."

https://seekingalpha.com/article/4284189-quinstreets-qnst-ceo-doug-valenti-q4-2019-results-earnings-call-transcript?part=single

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Post ID: @3pad+10sCZEdk

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