TheStreet, Inc. (TST) Reports Q3 Loss of $0.02, Revenues Miss
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TheStreet, Inc. (NASDAQ: TST) reported Q3 EPS of ($0.02), versus ($0.02) reported last year. Revenue for the quarter came in at $13.01 million versus the consensus estimate of $13.42 million.
"As promised, our efforts over the last several months to focus on our premium business have resulted in September being the first month with a year-over-year subscription revenue increase in more than three years," said David Callaway, President and CEO. "The deferred revenue coming from that premium unit was as strong last quarter as that of our growing B2B licensing businesses," Callaway continued. "Add in revenue from new events in Q3 such as our Deal Economy Chicago and Cramer Teach-In and we've got a good story to tell on both sides of our product line."
For earnings history and earnings-related data on TheStreet, Inc. (TST) click here.
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