QuinStreet (QNST) Misses Q2 EPS by 6c
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QuinStreet Announces Exclusive Partnership With All Web Leads
February 9, 2016 4:10 PM ESTFOSTER CITY, Calif., Feb. 09, 2016 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), a leader in online performance marketing services and technologies, today announced that it has signed a 10-year partnership agreement with All Web Leads (AWL) to be the exclusive provider of click product technologies and management to AWL. AWL is the largest online customer acquisition marketing company focused on the U.S. insurance industry and recently acquired the Bankrate Insurance customer acquisition business.
We are excited about our long term, strategic partnership with industry-pioneer QuinStreet, said Bill Daniel, CEO, AWL. We... More
QuinStreet Reports Financial Results for Second Quarter Fiscal Year 2016
February 9, 2016 4:05 PM ESTFOSTER CITY, Calif., Feb. 09, 2016 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), a leader in online performance marketing services and technologies, today announced financial results for the second quarter ended December 31, 2015.
For the second quarter, the Company reported total revenue of $65.0 million, adjusted EBITDA of $0.2 million, and GAAP net loss of $6.1 million, or ($0.13) per share. Adjusted net loss for the second quarter was $1.5 million, or ($.03) per share.
The Company closed the second quarter with $50.8 million in cash and $35.8 million in net cash.
We continued to... More
