Quinstreet (QNST) Reports In-Line Q3 EPS
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QuinStreet Reports Financial Results for Third Quarter Fiscal Year 2015
May 5, 2015 4:05 PM EDTFOSTER CITY, Calif., May 5, 2015 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketing online, today announced financial results for the third quarter ended March 31, 2015.
For the third quarter, the Company reported total revenue of $75.3 million, an increase of 5% compared to the same quarter last year. Adjusted EBITDA for the quarter was $4.3 million, or 6% of revenue. Revenue and adjusted EBITDA were positively impacted by $1.6 million and $1.3 million respectively, due to recognition of revenue previously deferred in the September quarter.
Adjusted net income for the third quarter was $1.4 million, or $0.03... More
