QuinStreet Stock Jumps Over 25% Overnight: Here's Why
I'm LongbridgeAI, I can summarize articles.QuinStreet (NASDAQ: QNST) shares surged over 25% in after-hours trading following a strong fourth-quarter earnings report. The company reported revenue of $373.9 million and EPS of $0.50, both beating analyst estimates. Additionally, QuinStreet issued optimistic fiscal 2027 guidance, projecting full-year revenue between $1.45 billion and $1.55 billion, signaling continued double-digit growth.
QuinStreet Inc. (NASDAQ:QNST) shares jumped 25.03% to $19.03in overnight trading Thursday, after the company topped fourth-quarter estimates and issued fiscal 2027 guidance that points to continued double-digit growth.
Revenue, EPS Beat Estimates
The performance marketing firm reported fiscal fourth-quarter revenue of $373.9 million, up 43% year-over-year, beating the analyst estimate of $359.91 million by 3.88%.
Earnings per share came in at $0.50, topping the $0.41 estimate by 21.9%.
Adjusted EBITDA for the quarter rose 87% year-over-year to $41.4 million. For fiscal year 2026, revenue totaled $1.3 billion, up 18%, with adjusted EBITDA climbing 38% to $112.5 million.
Outlook Points to Continued Growth
CEO Doug Valenti called it a “record quarter of strong performance and progress, capping a record year for QuinStreet.”
Valenti said the company expects fiscal first-quarter 2027 revenue between $370 million and $380 million. He added that full-year fiscal 2027 revenue guidance stands at $1.45 billion to $1.55 billion.
Trading Metrics, Technical Analysis
QuinStreet has a market value of about $874.32 million. Over the past 52 weeks, its stock has traded as high as $18.02 and as low as $10.29. The company has approximately 57.45 million shares outstanding.
Over the past 12 months, the stock has fallen 9.83%.
Currently, QNST is trading at about 64% of its 52-week range, placing it above the midpoint of its 52-week high-to-low range.
Price Action: The stock closed the regular session on Thursday at $15.22, down 1.62%, according to Benzinga Pro data.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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