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QuinStreet: Fiscal Q1 Earnings Snapshot
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FOSTER CITY, Calif. (AP) — FOSTER CITY, Calif. (AP) — QuinStreet Inc. (QNST) on Wednesday reported fiscal first-quarter profit of $17 million.

The Foster City, California-based company said it had profit of 29 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 50 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The online marketing services company posted revenue of $416.7 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $374.7 million.

QuinStreet expects full-year revenue in the range of $1.5 billion to $1.6 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QNST at https://www.zacks.com/ap/QNST

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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