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QuinStreet posts 1Q profit

FOSTER CITY, Calif. (AP) _ QuinStreet Inc. (QNST) on Monday reported fiscal first-quarter net income of $1.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Foster City, California-based company said it had net income of 3 cents. Earnings, adjusted for stock option expense and amortization costs, were 8 cents per share.

The online marketing services company posted revenue of $87.4 million in the period.

QuinStreet shares have climbed 96 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.37, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QNST at https://www.zacks.com/ap/QNST