Brief: Quinstreet Posts Q3 Adjusted Earnings Per Share Of $0.13

Quinstreet

06/05/2020 22:11

May 6 (Reuters) - Quinstreet Inc  QNST.O :
    * QUINSTREET REPORTS THIRD QUARTER FISCAL YEAR 2020
FINANCIAL
RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $0.13
    * Q3 GAAP EARNINGS PER SHARE $0.26
    * Q3 REVENUE $128.7 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$131.4 MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.19 -- REFINITIV IBES
DATA
    * EXPECT REVENUE GROWTH AND EBITDA TO CONTINUE TO BE
IMPACTED BY
CORONAVIRUS-RELATED DISRUPTION
    * CURRENT ESTIMATE IS FOR FISCAL Q4 REVENUE EXCLUDING
DIVESTED
BUSINESSES TO BE DOWN BETWEEN 5% AND 10% YEAR-OVER-YEAR
    * ADJUSTED EBITDA AND CASH FLOW MARGINS ARE EXPECTED TO BE
IN THE
LOWER SINGLE-DIGITS  IN Q4

Source text for Eikon:  ID:nPn2Lk809a 
Further company coverage:  QNST.O 

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