Demand Media (DMD) Reports In-Line Q2 EPS
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Demand Media (NYSE: DMD) reported Q2 EPS of ($0.24), in-line with the analyst estimate of ($0.24). Revenue for the quarter came in at $29.8 million versus the consensus estimate of $32.22 million.
"I am very pleased by the growth we are seeing in several of our businesses including Society6, Cracked, and StudioD," said Sean Moriarty, CEO of Demand Media. "We are becoming a much stronger company as we focus on building the best possible platforms and products to connect our creators and audiences. We look forward to continued progress across our businesses in the second half of the year."
For earnings history and earnings-related data on Demand Media (DMD) click here.
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