Brief: Quinstreet Posts Q1 Adj Earnings Per Share Of $0.12

Quinstreet

07/11/2019 22:45

Nov 7 (Reuters) - Quinstreet Inc  QNST.O :
    * QUINSTREET REPORTS FIRST QUARTER FISCAL YEAR 2020
FINANCIAL
RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.12
    * Q1 GAAP EARNINGS PER SHARE $0.02
    * Q1 REVENUE $126.6 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$122.4 MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.15 -- REFINITIV IBES
DATA
    * MAINTAINS FY20 REVENUE AND EBITDA OUTLOOK
    * INITIATES GOLDMAN SACHS-LED PROCESS TO REVIEW STRATEGIC
ALTERNATIVES
    * BOARD WILL UNDERTAKE A BROAD REVIEW OF POTENTIAL
ALTERNATIVES TO
ENHANCE SHAREHOLDER VALUE
    * DO NOT INTEND TO PROVIDE UPDATES ON ALTERNATIVES UNTIL
COMPANY
HAS DETERMINED THAT FURTHER DISCLOSURE IS NECESSARY OR
APPROPRIATE

Source text for Eikon:  ID:nPn38Cw5ka 
Further company coverage:  QNST.O 

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