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0.0483870967741935 0.0456989247311828 0.0870967741935485 0.0483870967741936 0.0510752688172043 0.0376344086021506 0.021505376344086 0
Stock impact report

QuinStreet Reports Fourth Quarter Fiscal Year 2017 Financial Results

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: GlobeNewswire
FOSTER CITY, Calif., Aug. 08, 2017 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq:QNST), a leader in performance marketing products and technologies, today announced financial results for the fourth quarter ended June 30, 2017. For the fourth quarter, the Company reported total revenue of $81.5 million and GAAP net loss of $1.4 million, or $(0.03) per share. Adjusted net income was $2.8 million, or $0.06 per share, and adjusted EBITDA was $6.1 million, or 7% of revenue. The Company generated $10.3 million in operating cash flow in the fourth quarter. “The fiscal fourth quarter came in as expected and guided. We delivered year-over-year and sequential revenue growth, increased adjusted EBITDA and generated strong cash flow,” commented Doug Valenti, QuinStreet CEO. “Improved results are being driven by positive momentum from the products and media strategies developed over the past couple of years and by our Financial Services and Home Services client verticals, which now accou Show less Read more
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