QuinStreet Reports Q1 Financial Results and Corporate Restructuring
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Quinstreet, Inc (QNST) Misses Q1 EPS by 3c; Will Implement Corp. Restructuring
November 9, 2016 4:56 PM ESTQuinstreet, Inc (NASDAQ: QNST) reported Q1 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $73.4 million versus the consensus estimate of $82.8 million.
Quinstreet also announced a corporate restructuring and other steps to accelerate margin expansion, grow cash flow, and increase shareholder value.
The corporate restructuring will reduce fixed costs by approximately $17 million annually, including a reduction in personnel costs of... More
