QuinStreet Earnings: Everything You Must Know Now

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QuinStreet, Inc. (NASDAQ:QNST) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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QuinStreet, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 23.81% to $0.16 in the quarter versus EPS of $0.21 in the year-earlier quarter.

Revenue: Decreased 15.07% to $79 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: QuinStreet, Inc. reported adjusted EPS income of $0.16 per share. By that measure, the company beat the mean analyst estimate of $0.13. It beat the average revenue estimate of $77.65 million.

Quoting Management: “Financial results came in at the higher end of the outlook we provided last quarter due to strong execution in our core client verticals,” commented Doug Valenti, QuinStreet CEO. “We continued to make good progress on initiatives to return to growth. Looking ahead, we expect June quarter revenue to be in the range of $72 to $77 million, consistent with typical seasonality. Adjusted EBITDA margin is expected to be in the mid-teens. While we work to restore growth, we continue to manage the Company with characteristic financial discipline, generating attractive EBITDA and free cash flow margins, with minimal non-discretionary demands for capital.”

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