Quinstreet, Inc (QNST) Tops Q1 EPS by 3c
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QuinStreet Reports First Quarter Fiscal Year 2018 Financial Results
October 30, 2017 4:15 PM EDTFOSTER CITY, Calif., Oct. 30, 2017 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketing products and technologies, today announced financial results for the fiscal first quarter ended September 30, 2017.
For the first quarter, the Company reported revenue of $87.4 million, an increase of 19% year-over- year, and GAAP net income of $1.4 million, or $0.03 per share. Adjusted net income for the first quarter was $3.5 million, or $0.08 per share, and adjusted EBITDA was $6.6 million, or 8% of revenue.
The Company generated $5.6 million in normalized free cash... More
