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Dec 31, 2019
QuinStreet Q2 2020 Earnings Report
Reported double digit growth and record FYQ2 revenue.
Key Takeaways
QuinStreet reported Q2 fiscal year 2020 financial results with a revenue of $118.1 million, a 13% increase year-over-year. GAAP net income was $1.5 million, or $0.03 per diluted share. Adjusted net income was $6.3 million, or $0.12 per diluted share. Adjusted EBITDA was $9.1 million, or 8% of revenue.
Delivered record fiscal second quarter revenue.
Financial Services and Home Services client verticals grew 20% year-over-year.
QRP ramp is off to a quick start, with 6 large insurance agency clients now signed and expected to launch shortly.
Signed QRP clients already represent over $10 million in annual revenue opportunity.
Forward Guidance
Fiscal third quarter revenue is expected to set a quarterly revenue record for the Company.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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