Quinstreet, Inc (QNST) Tops Q3 EPS by 4c, Revenues Beat

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Go back to Quinstreet, Inc (QNST) Tops Q3 EPS by 4c, Revenues Beat

QuinStreet Reports Record Results in Fiscal Third Quarter

May 5, 2021 4:05 PM EDT

FOSTER CITY, Calif., May 5, 2021 /PRNewswire/ -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced financial results for the fiscal third quarter ended March 31, 2021.

For the third quarter, the Company reported revenue of $153.1 million.

Revenue excluding divested businesses grew 39% year-over-year.

GAAP net income was $5.0 million representing 3% of revenue, or $0.09 per diluted share. Adjusted net income was $10.9 million representing 7% of revenue, or $0.20 per diluted share.

Adjusted EBITDA grew 65% year-over-year to $15.4 million and represented 10% of... More