Quinstreet, Inc (QNST) Misses Q2 EPS by 8c
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QuinStreet Reports Second Quarter Fiscal Year 2017 Financial Results
February 8, 2017 4:37 PM ESTFOSTER CITY, Calif., Feb. 08, 2017 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketing products and technologies, today announced financial results for the second quarter ended December 31, 2016.
For the second quarter, the Company reported total revenue of $65.6 million and GAAP net loss of $7.9 million, or ($0.17) per share. Adjusted EBITDA loss for the second quarter was $(273,000) and adjusted net loss was $1.7 million, or $(0.04) per share. The Company incurred $2.4 million in charges in the quarter related to the restructuring announced in November.
The Company... More
