QuinStreet Inc (QNST) Releases Earnings Results, Misses Expectations By $-0.03 EPS

QuinStreet Inc (QNST) reported quarterly earnings results on Tuesday, May-10-2016. The company reported $0.03 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.06. The company posted revenue of $81.20 million in the period, compared to analysts expectations of $84.06 million. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.07 EPS.

QuinStreet Inc opened for trading at $3.36 and hit $3.45 on the upside on Friday, eventually ending the session at $3.44, with a gain of 1.18% or 0.04 points. The heightened volatility saw the trading volume jump to 1,48,402 shares. Company has a market cap of $156 M.

In a different news, on Mar 17, 2016, John G Mcdonald (director) purchased 5,000 shares at $2.97 per share price. According to the SEC, on Feb 11, 2016, Douglas Valenti (CEO) purchased 15,750 shares at $2.99 per share price.

QuinStreet Inc. is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads clicks calls or customers and display advertisements or impressions. Client verticals within its DMS business are education and financial services. The Company’s primary client verticals are the education and financial services industries. It has presence in the business-to-business technology home services and medical industries. The Company delivers marketing results to its clients in the form of a qualified lead or inquiry in the form of a qualified click or call.

QuinStreet Inc

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