Quinstreet (QNST) Misses Q4 EPS by 4c
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QuinStreet Reports Financial Results for Fourth Quarter and Fiscal Year 2016
August 9, 2016 4:16 PM EDTFOSTER CITY, Calif., Aug. 09, 2016 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), the leader in performance marketing products and technologies, today announced financial results for the fourth quarter and fiscal year ended June 30, 2016.
For the fourth quarter, the Company reported total revenue of $79.1 million, an increase of 12% compared to the same quarter last year. Adjusted EBITDA for the quarter was $3.0 million, or 4% of total revenue. Adjusted net income for the fourth quarter was $1.1 million, or $0.02 per share, and GAAP net loss was $2.9 million, or ($0.06) per share.
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