05 May '11, 8pm

QuinStreet Report: Revenue Up 17%, Education Vertical Up 26%; Shares Up 10%

QuinStreet, Inc. Nasdaq:QNST, reported announced its financial results for the fiscal third quarter ended March 31, 2011 yesterday after the market closed and the market reacted very positively. The Company reported total revenue of $107.7 million, an increase of 19% over the same quarter last year. Adjusted EBITDA for the quarter was $23.2 million, or 22% of revenue. The Company reported GAAP net income of $6.3 million, or $0.13 per diluted share, for the quarter. Adjusted net income for the quarter was $12.6 million, or $0.25 per diluted share. Adjusted net income excludes stock-based compensation expense and amortization of intangible assets, net of estimated tax. The Company generated $28.9 million in cash flow from operations and closed the quarter with $150.1 million in cash and marketable securities. Revenue for the Education client vertical was $48.0 million, an in...

Full article: http://www.thedomains.com/2011/05/05/quinstreet-report-re...

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Marchex Reports: Revenue, Profits & Stock Up & ...

thedomains.com 05 May '11, 10pm

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