Quinstreet, Inc (QNST) Misses Q1 EPS by 8c

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Go back to Quinstreet, Inc (QNST) Misses Q1 EPS by 8c

QuinStreet Reports Financial Results for First Quarter Fiscal Year 2016

November 9, 2015 4:06 PM EST

FOSTER CITY, Calif., Nov. 9, 2015 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketing online, today announced financial results for the first quarter ended September 30, 2015.

For the first quarter, the Company reported total revenue of $72.4 million, an increase of 5% compared to the same quarter last year. Adjusted EBITDA for the quarter was $1.1 million, or 2% of revenue. Adjusted net loss for the first quarter was $0.9 million, or ($0.02) per share, and GAAP net loss was $6.1 million, or ($0.14) per share.

The Company generated $3.2 million in operating cash flow and closed the first... More