QuinStreet Reports Third Quarter Fiscal Year 2020 Financial Results
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Quinstreet, Inc (QNST) Misses Q3 EPS by 7c, Revenues Miss
May 6, 2020 5:55 PM EDTQuinstreet, Inc (NASDAQ: QNST) reported Q3 EPS of $0.13, $0.07 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $128.66 million versus the consensus estimate of $132.08 million.
"QuinStreet business fundamentals and financial position remain strong and resilient, despite coronavirus," stated Doug Valenti, CEO of QuinStreet. "We remain highly confident in our business opportunity, strategies and initiatives. We are also confident in our ability to navigate near-term disruptions caused by coronavirus. Our recent execution has been outstanding. And our balance sheet is strong, with cash approaching $100 million and no bank debt."
"Fiscal... More
