QuinStreet reports Q2 adjusted EPS (4c), consensus (5c)

Reports Q2 revenue $122.7M, consensus $115.93M. “The December quarter continued recent positive trends,” commented Doug Valenti, CEO of QuinStreet. “We grew non-Insurance businesses, made good progress on growth initiatives, and positioned ourselves well for the re-ramp of Auto Insurance client spending. I am particularly proud of our delivering positive adjusted EBITDA despite the Insurance market bottom and our toughest seasonal quarter. Our financial position and foundation remain strong.”