QuinStreet (NASDAQ:QNST) released its earnings results on Thursday. The technology company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.01, Bloomberg Earnings reports. The business had revenue of $104.10 million for the quarter, compared to analysts’ expectations of $103.43 million. QuinStreet had a return on equity of 14.66% and a net margin of 15.83%. The firm’s revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.07 earnings per share.
NASDAQ QNST opened at $14.77 on Friday. The stock has a market capitalization of $913.34 million, a P/E ratio of 46.16, a price-to-earnings-growth ratio of 1.36 and a beta of 0.73. QuinStreet has a 1 year low of $9.76 and a 1 year high of $20.02.
In other QuinStreet news, Director Gregory P. Sands sold 61,697 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The shares were sold at an average price of $15.95, for a total value of $984,067.15. Following the completion of the sale, the director now directly owns 356,252 shares in the company, valued at $5,682,219.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas Valenti sold 32,500 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The stock was sold at an average price of $16.15, for a total transaction of $524,875.00. Following the completion of the sale, the chief executive officer now owns 268,751 shares of the company’s stock, valued at $4,340,328.65. The disclosure for this sale can be found here. Insiders sold 112,496 shares of company stock worth $1,790,786 over the last three months. 12.50% of the stock is owned by insiders.
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QuinStreet Company Profile
QuinStreet, Inc, an Internet performance marketing company, provides customer acquisition services for its clients in the United States and internationally. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers.
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