QuinStreet (QNST) stock is surging 13.63% in pre-market trading on Friday, building on the previous day's gains following the company's impressive first-quarter fiscal 2026 results and optimistic future guidance. The online performance marketing products and technologies provider has exceeded analyst expectations across key financial metrics, fueling investor enthusiasm.
In its Q1 report, QuinStreet posted adjusted earnings per share of $0.22, surpassing the consensus estimate of $0.21. Revenue for the quarter reached $285.853 million, beating analyst projections of $279.9 million and marking a 2.38% increase year-over-year. The company's adjusted EBITDA of $20.5 million also outperformed the estimated $20.2 million, demonstrating strong operational efficiency.
Adding to the positive sentiment, QuinStreet provided an upbeat outlook for the future. The company expects second-quarter revenue to range between $270 million and $280 million. For the full fiscal year 2026, QuinStreet projects revenue growth of at least 10% year-over-year, with adjusted EBITDA anticipated to grow by at least 20%. Furthermore, the board's authorization of a new $40 million share repurchase program signals confidence in the company's financial strength and future prospects, likely contributing to the significant pre-market rally.
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