QuinStreet Reports Fourth Quarter and Fiscal Year 2020 Financial Results
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Quinstreet, Inc (QNST) Tops Q4 EPS by 10c, Revenues Beat
August 5, 2020 5:41 PM EDTQuinstreet, Inc (NASDAQ: QNST) reported Q4 EPS of $0.14, $0.10 better than the analyst estimate of $0.04. Revenue for the quarter came in at $116.96 million versus the consensus estimate of $106.29 million.
For the fourth quarter, the Company reported revenue of $117.0 million. Revenue excluding divested businesses increased 3% year-over-year.GAAP net income for the fourth quarter was $1.5 million, or $0.03 per diluted share, and adjusted net income was $7.4 million, or $0.14 per diluted share.Adjusted EBITDA for the fourth quarter was $8.4 million, or 7% of revenue.For fiscal year 2020, the Company reported record total revenue of $490.3 million. Revenue... More