Quinstreet, Inc (QNST) Reports In-Line Q2 EPS

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Go back to Quinstreet, Inc (QNST) Reports In-Line Q2 EPS

QuinStreet Reports Second Quarter Fiscal Year 2020 Financial Results

February 5, 2020 4:15 PM EST

FOSTER CITY, Calif., Feb. 5, 2020 /PRNewswire/ -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplace products and technologies, today announced financial results for the second quarter ended December 31, 2019.

For the second quarter, the Company reported revenue of $118.1 million, an increase of 13% year-over-year, and GAAP net income of $1.5 million, or $0.03 per diluted share.

Adjusted net income for the second quarter was $6.3 million, or $0.12 per diluted share. Adjusted EBITDA for the second quarter was $9.1 million, or 8% of revenue.

During the second quarter, the Company generated $9.9 million in operating cash... More