Quinstreet, Inc (QNST) Misses Q1 EPS by 3c, Revenues Beat
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QuinStreet Reports First Quarter Fiscal Year 2020 Financial Results
November 7, 2019 4:15 PM ESTFOSTER CITY, Calif., Nov. 7, 2019 /PRNewswire/ -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplace products and technologies, today announced financial results for the first quarter ended September 30, 2019.
For the first quarter, the Company reported revenue of $126.6 million, an increase of 12% year-over-year, and GAAP net income of $1.1 million, or $0.02 per diluted share.
Adjusted net income for the first quarter was $6.2 million, or $0.12 per diluted share. Adjusted EBITDA for the first quarter was $9.4 million, or 7.5% of revenue.
During the first quarter, the Company generated $9.5 million in operating cash... More
