QuinStreet (QNST) shares tumbled 7% in pre-market trading on Thursday, following the company's mixed third-quarter earnings report and maintained full-year outlook. The digital marketing company's performance seems to have left investors wanting more, despite showing significant year-over-year growth.

QuinStreet reported adjusted earnings per share of $0.21 for the quarter, surpassing analyst expectations of $0.20 and marking a substantial 250% increase from the same period last year. However, the company's quarterly sales of $269.84 million fell short of the consensus estimate of $270.35 million, albeit by a narrow margin of 0.19%. Despite the miss, sales still showed a robust 60.06% growth compared to the previous year.

Adding to investor concerns, QuinStreet maintained its full fiscal year 2025 revenue outlook of $1.065 billion to $1.105 billion, aligning with the consensus of $1.09 billion. The decision not to raise guidance, coupled with the slight sales miss, appears to have disappointed investors hoping for more aggressive growth projections, leading to the significant pre-market decline.