QuinStreet (QNST) exceeded Q3 revenue expectations, with sales up 2.4% to $285.9 million. Non-GAAP profit per share was $0.22, in line with estimates. Q4 revenue guidance is $275 million, close to analyst predictions. Market capitalization stands at $856 million. CEO Doug Valenti praised Q1 performance.
With $1.1 billion in revenue over the past year, QuinStreet is a smaller player in business services. Sales grew 16.9% annually over five years. Recent trends show a 40.1% annual growth rate over the last two years. Analysts expect 12.9% revenue growth in the next 12 months.
QuinStreet’s operating margin was 1.7%, up from -0.4% last year. EPS grew at 9.9% annually over five years. Operating margin declined by 1.4 percentage points over five years. Adjusted EPS in Q3 was $0.22, meeting estimates.
QuinStreet beat revenue expectations in Q3, with EPS in line. Stock rose 11.2% post-earnings. Long-term business quality and valuation determine if it’s a buy. Analysts expect full-year EPS of $0.88, a 28.3% growth. Assessing overall business quality is crucial for investment decisions.
Read more at Yahoo Finance: QuinStreet’s (NASDAQ:QNST) Q3 Sales Beat Estimates, Stock Jumps 11.2%
