Quinstreet, Inc (QNST) Misses Q3 EPS by 7c, Revenues Miss
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QuinStreet Reports Third Quarter Fiscal Year 2020 Financial Results
May 6, 2020 4:16 PM EDTFOSTER CITY, Calif., May 6, 2020 /PRNewswire/ --Â QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplace products and technologies, today announced financial results for the third quarter ended March 31, 2020.
For the third quarter, the Company reported record quarterly revenue of $128.7 million, an increase of 11% year-over-year. During the third quarter, the Company successfully divested its B2B client vertical and Brazil operations.
Revenue in the third quarter, excluding divested businesses, was $126.3 million, representing an increase of 15% year over year.
GAAP net income was $13.9 million, or $0.26 per diluted share.... More
