By Elias Schisgall
Shares of QuinStreet rose after the company swung to a profit in the second quarter.
Shares climbed 22% to $13.44 in pre-market trading Friday. The stock has fallen 56% in the past 12 months.
The online marketplace company on Thursday posted a profit of $50.2 million, or 87 cents a share, compared with a loss of $1.5 million, or 3 cents a share, a year earlier.
Stripping out certain one-time items, QuinStreet reported earnings of 24 cents a share. Analysts polled by FactSet were expecting 20 cents a share.
Revenue grew to $287.8 million, up from $282.6 million a year prior. Analysts were expecting $275.1 million.
Chief Executive Doug Valenti said the company expects revenue for the full fiscal year ending in June to grow by at least 10%, excluding the accretive impact of the company's acquisition of HomeBuddy. It is forecasting total full fiscal year revenue of between $1.25 billion and $1.3 billion.
For the current third quarter, including the impact of the HomeBuddy acquisition, the company is projecting revenue of between $330 million and $340 million.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 06, 2026 09:29 ET (14:29 GMT)
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