Brief: QuinStreet Sees Q3 2018 Revenue More Than $115 Million

Quinstreet

11/04/2018 21:56

April 11 (Reuters) - QuinStreet Inc  QNST.O :
    * QUINSTREET ANNOUNCES PRELIMINARY THIRD QUARTER FISCAL 2018
FINANCIAL RESULTS
    * SEES Q3 2018 REVENUE MORE THAN $115 MILLION
    * SEES Q3 2018 REVENUE UP MORE THAN 45 PERCENT
    * FOR Q3 OF FISCAL 2018, ADJUSTED EBITDA IS EXPECTED TO BE
GREATER
THAN 8%
    * "WE HAVE REVIEWED NEGATIVE REPORT PUBLISHED ABOUT
QUINSTREET BY
KERRISDALE CAPITAL MANAGEMENT"
    * "QUINSTREET MANAGEMENT HAS NEVER BEEN CONTACTED" BY
KERRISDALE
CAPITAL MANAGEMENT
    * QUINSTREET SAYS FEELS COMPELLED TO RESPOND "GIVEN ITS
INVALID
CLAIMS AND CONCLUSIONS" RELATING TO KERRISDALE CAPITAL
MANAGEMENT'S REPORT
    * QUINSTREET SAYS KERRISDALE CLAIMS ABOUT COMPANY ARE
"INACCURATE"

Source text for Eikon:  ID:nGNX7sjt62 
Further company coverage:  QNST.O 

 ((Reuters.Briefs@thomsonreuters.com;))