UPDATE: Quinstreet, Inc (QNST) Misses Q4 EPS by 1c

(Updated - August 3, 2015 4:37 PM EDT)

Quinstreet, Inc (NASDAQ: QNST) reported Q4 EPS of $0.01, $0.01 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $70.9 million versus the consensus estimate of $72.17 million.

"Fiscal year 2015 was a pivotal year for QuinStreet," commented Doug Valenti, QuinStreet CEO. "Our initiatives to revitalize the business returned the Company to top line growth in the last three quarters of the year. In Q4, year-over-year growth was driven primarily by more stable revenue from our Education Client Vertical and strong growth in Auto Insurance. Education revenue grew year-over-year in the quarter for the first time in fourteen quarters, due to new products, not-for-profit clients and international markets."

"We expect revenue growth to accelerate in fiscal 2016, which began July 1. We also expect to see EBITDA margin expand in the second half of the year, driven primarily by top line leverage. For the September quarter, we expect revenue to grow approximately 8% year-over-year. EBITDA margin is expected to be in the low single digits, as we invest in new media partnerships and other strategic initiatives to drive continued growth," concluded Valenti.

For earnings history and earnings-related data on Quinstreet, Inc (QNST) click here.

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