Business is being hit hard. Inflation, COVID etc.
What do you think about the sale of the higher ed vertical to Education Dynamics? https://www.streetinsider.com/PRNewswire/EducationDynamics+Acquires+Assets+of+QuinStreets+Higher+Education+Vertical/17317713.html
they are planning to sell off the company.
Layoff Alert, QuinStreet business continues to dwindle and leaks are becoming holes. The founder and CEO is looking to move the business and cash out!
Another Quinstreet client is in financial trouble. Check out the latest analysis of the Kaplan Purdue Global deal at Forbes.
Share price down 29 percent. Was it just that the revenue predictions were off?
Another client in QuinStreet's education vertical. https://www.gradreports.com/colleges/uei-college
pump, pump, pump, pump https://www.thelayoff.com/t/10emvb25
Not sure how much business the Quinstreet education vertical gets from Education Affiliates, but they are in trouble. Fortis is one of their schools. https://www.thelayoff.com/fortis-colleges-and-institutes... — read more
"In April 2019, little has changed in terms of Purdue Global’s fraudulent claims. And as Purdue loses more money (it had a $38 million net operating loss in FY 2018), it will have to make bold moves to survive. While little public information is... — read more
*Recruiting Manager to Executive at DeVry (1979-1989) *President of The Art Institute of Seattle (1990 to 1993) *President of The Art Institute of Fort Lauderdale (1994-1998) *Senior Vice President of Marketing of Education Management Corporation... — read more
"Purdue University Global is not Purdue University. It's far from it. In fact, Purdue University Global is actually the former Kaplan University, a once declining for-profit college with a subprime history."... — read more
Great piece showing the dark underbelly of the education vertical. https://static.wixstatic.com/ugd/60a689_17a29c6117724345af1ed98cac2c45e2.pdf
https://seekingalpha.com/article/4239302-quinstreet-inc-qnst-ceo-douglas-valenti-q2-2019-results-earnings-call-transcript?part=single Douglas Valenti (QNST, CEO) Gosh, hard to - we don't have. I just looked at Greg, he has given me the headshake. He... — read more
Looks like people at the Dream Center are talking about QuinStreet. https://www.thelayoff.com/t/WuORdRx
Is Quinstreet targeting veterans for questionable bootcamps? https://militarybenefits.info/va-approved-gi-bill-bootcamps/
Amone for $28M https://www.sec.gov/Archives/edgar/data/1117297/000119312518294683/d367074d8k.htm
Rich getting richer...check out the insider trades... https://fintel.io/n/us/qnst
Purdue University bought Kaplan University for a dollar. This gives Kaplan and its parent company Graham Holdings lots of profits without all the worries. It's still a subprime college. https://www.thelayoff.com/kaplan-university... — read more
RegalView is hiring. Seems like a good match. More about the firm is in this video. https://www.youtube.com/watch?v=XeISaoQDh2g
One director just sold $3M in QNST shares https://fintel.io/n/us/qnst
Is QuinStreet cheating on its leads and other metrics for its education clients? If so, you need to let someone on the outside know. This story is not going away. and if something doesn't change, it will eventually blow up.
From our friends at FINTEL. $1.6M for three transactions https://fintel.io/n/us/qnst/sheehan-andrew-t
QuinStreet client Trident University International was recently caught recruiting new widows at a tragedy grief session hosted by tragedy assistance program for survivors. Does anyone think that's wrong?
Is it appropriate for stock analysts to host events for investors of a company they analyze? On May 17, 2018, Stephens Inc hosted an event in NYC with QuinStreet investors. https://finance.yahoo.com/news/quinstreet-meet-investors-york-123000148.html... — read more
Deutsche Bank has reduced its interest in QNST by 62%. I wonder what they know. https://fintel.io/so/us/qnst
This is what a QuinStreet Board member said after he left DeVry: "Remind them of the good that your organization brings to the planet. Re-inspire around your cause, your reason for being, what you believe. We are not selling alcohol, tobacco or... — read more
Have you been troubled about the work you do? Do you think your work reinforces injustice? Or do you compartmentalize the work you do as "just doing my job?" Have you thought what the consequences might be for those who use the end product, whether... — read more
QuinStreet has been working with Education Dynamics, their chief competitor in subprime college lead generation. When the CFO talks about the percentage of income coming from for-profit colleges, do they include Education Dynamics?
To those who work in the education vertical: Would you send your kids to the subprime colleges you are selling? What kind of people are you selling these schools to? Do you know what the consequences are for many of those who attend these schools... — read more
Hmm...no mention of the shareholder lawsuits. https://www.sec.gov/Archives/edgar/data/1117297/000156459018012864/qnst-10q_20180331.htm
761 employees Average tenure: 5.7 years Loss of 101 jobs since 2016 (down 12% over two years) Loss of jobs in IT and support Job openings decreased by 43% over the last 3 months https://www.linkedin.com/company/quinstreet/
It's a good thing that a robot is writing this article and that ABMAC is feeding the PR machine. "Media headlines about QuinStreet (NASDAQ:QNST) have trended somewhat positive on Monday, according to Accern. The research firm ranks the sentiment of... — read more
This overview by the CEO sounds like the Wizard of Oz. Q: How good is a company that cannot list all of its major clients? A: Good question. Q: What is a virtual marketplace? A: A website that poses as informational, but really is a series of... — read more
It's interesting to see the transactions of QNST shares on 2-13-2018 and 2-14-2018. A certain person sold a big chunk of shares, then his alma mater sold out their 58,824 shares the next day. Small world, isn't it? https://fintel.io/so/us/qnst
"QuinStreet (NASDAQ:QNST) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a research report issued on Tuesday." https://macondaily.com/2018/05/03/quinstreet-qnst-downgraded-by-thestreet.html
NEW YORK and SAN DIEGO, May 04, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman *QuinStreet-owned websites experienced phony, low-quality traffic for its clients; *the Company’s practices were not geared toward providing its clients with... — read more
FOSTER CITY, Calif., May 02, 2018 (GLOBE NEWSWIRE) -- QuinStreet, Inc. (Nasdaq:QNST), a leader in performance marketing products and technologies, today announced that it will meet with investors in one-on-one meetings on May 17, 2018 in New York... — read more
What's the count now for shareholder lawsuits? Add Bragar Eagel & Squire, P.C. https://www.businesswire.com/news/home/20180502006243/en/Bragar-Eagel-Squire-P.C.-Announces-Class-Action... — read more