Online ad services company QuinStreet (QNST) gains 15.6% after reporting FQ4 revenue of $94.1M...

|By:, SA News Editor

Online ad services company QuinStreet (QNST) gains 15.6% after reporting FQ4 revenue of $94.1M (+6% Y/Y) and EPS of $0.24, beating consensus by $2.3M and $0.06. Gross margin declined to 26.6% from 29% in FQ4 2010. Growth was driven by a 12% Y/Y increase in sales for the company's Education client vertical. (PR)