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Stock impact report

How QuinStreet, Inc. Stock Jumped 18% Higher Today [The Motley Fool]

QuinStreet, Inc. (QNST) 
Last quinstreet, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.quinstreet.com/company-overview
Company Research Source: The Motley Fool
The online marketing expert crushed Wall Street's estimates in the first quarter, and management sees more blue skies in the year ahead. Anders Bylund ( TMFZahrim ) Oct 31, 2018 at 4:19PM What happened Shares of QuinStreet ( NASDAQ:QNST ) are trading 18.4% higher here at 3:20 p.m. EDT, following the online marketing specialist's first-quarter earnings report. So what QuinStreet's third-quarter revenue rose 29% year over year to $113 million, nearly doubling the bottom line from $0.08 to $0.14 per diluted share. The Street consensus had been pointing to earnings near $0.13 per share on sales in the neighborhood of $103 million. Encouraged by this quarter's solid results, management also raised their full-year revenue target. Fiscal-year 2019 is now expected to see between 15% and 20% revenue growth, up from an earlier 10% guidance marker. Show less Read more
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