Quinstreet, Inc (QNST) Tops Q4 EPS by 10c, Revenues Beat
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QuinStreet Reports Fourth Quarter and Fiscal Year 2020 Financial Results
August 5, 2020 4:10 PM EDTFOSTER CITY, Calif., Aug. 5, 2020 /PRNewswire/ -- QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplace products and technologies, today announced financial results for the fourth quarter and fiscal year ended June 30, 2020.
For the fourth quarter, the Company reported revenue of $117.0 million. Revenue excluding divested businesses increased 3% year-over-year.
GAAP net income for the fourth quarter was $1.5 million, or $0.03 per diluted share, and adjusted net income was $7.4 million, or $0.14 per diluted share.
Adjusted EBITDA for the fourth quarter was $8.4 million, or 7% of revenue.
For fiscal year 2020, the Company reported record total revenue of... More
