QuinStreet, Inc. (NASDAQ:QNST) announced its quarterly earnings results on Monday. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03, Bloomberg Earnings reports. The business had revenue of $87.40 million for the quarter, compared to the consensus estimate of $79.90 million. QuinStreet had a negative net margin of 4.07% and a negative return on equity of 2.36%. QuinStreet’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same period last year, the company posted $0.01 EPS.
Shares of QuinStreet (QNST) opened at 7.37 on Tuesday. The company has a 50 day moving average of $7.06 and a 200-day moving average of $4.90. QuinStreet has a 12 month low of $2.61 and a 12 month high of $8.00. The firm’s market capitalization is $336.90 million.
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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.
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