Quinstreet, Inc (QNST) Tops Q2 EPS by 5c, Revenues Beat

Go back to Quinstreet, Inc (QNST) Tops Q2 EPS by 5c, Revenues Beat

QuinStreet Reports Second Quarter Fiscal Year 2021 Results

February 3, 2021 4:05 PM EST

FOSTER CITY, Calif., Feb. 3, 2021 /PRNewswire/ -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplace technologies and services for the financial services and home services industries, today announced financial results for the fiscal second quarter ended December 31, 2020.

For the second quarter, the Company reported revenue of $135.0 million.

Revenue excluding divested businesses grew 36% year-over-year.

GAAP net income was $0.5 million, or $0.01 per diluted share. Adjusted net income was $7.0 million, or $0.13 per diluted share.

Adjusted EBITDA was $10.0 million.

The Company generated $5.6 million in operating cash flow and $7.5 million... More