Shares of QuinStreet Inc. (NASDAQ:QNST) gained after the company said that fiscal third-quarter earnings probably rose more than 8%.
The company, which specializes in performance marketing products and technologies, saw its shares rise 15% to US$11.70 at 9:31 am.
Final earnings due on May 1
Revenue in the period probably advanced 45% to more than US$115mln, the company said in a statement. The preliminary earnings figure is before interest, taxes, depreciation and amortization.
QuinStreet is scheduled to report final earnings for the quarter on May 1.