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Why QuinStreet Stock Jumped Today

TheMotleyFool

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Shares of QuinStreet (NASDAQ: QNST) surged on Thursday after the marketing company reported its fiscal second-quarter results. While earnings matched analyst expectations, revenue came in higher than expected. As of 1:13 p.m. EST, the stock was up about 17%.

QuinStreet reported second-quarter revenue of $118.1 million, up 13.4% year over year and about $3.8 million higher than the average analyst estimate. Both the financial services and home services client verticals grew by 20% year over year.

Image source: Getty Images.

Source Fool.com

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