Stock Track | QuinStreet Soars Nearly 24% After Blowout Q1 Earnings Beat

Stock Track
05 Nov 2024

Shares of QuinStreet Inc. (NASDAQ: QNST) skyrocketed 23.76% in after-hours trading on November 4th, following the company's stellar fiscal first-quarter 2025 earnings report. The online marketing and media company reported adjusted earnings per share of $0.22, crushing analysts' expectations of $0.15 by a whopping 46.67%.

QuinStreet also posted Q1 revenue of $279.219 million, which surpassed the consensus estimate of $218.976 million by a staggering 27.51%. The top-line figure represented a 125.32% year-over-year increase from the same period last year.

The company's strong earnings beat and blowout revenue growth signal robust performance and demand for its online marketing services. Analysts view the results as a promising sign for QuinStreet's growth trajectory, with the company well-positioned to capitalize on the rapidly expanding digital advertising market.

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