QuinStreet Reports Third Quarter Fiscal Year 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
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
