QuinStreet Sees Q3 2023 Revenue $160M-$170M Vs $185.155M Est.
Portfolio Pulse from Benzinga Newsdesk
QuinStreet, Inc. (QNST) has projected its Q3 2023 revenue to be in the range of $160M-$170M, which is below the estimated $185.155M. This indicates a potential shortfall in expected revenue for the quarter.
February 07, 2024 | 10:19 pm
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QuinStreet's projected Q3 2023 revenue of $160M-$170M is below the estimated $185.155M, indicating a potential revenue shortfall.
The projected revenue shortfall for QuinStreet in Q3 2023 suggests that the company may not meet market expectations, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100