Martha Stewart Living Omnimedia (MSO) Tops Q2 EPS by 1c, Sales Miss

Martha Stewart Living Omnimedia (NYSE: MSO) reported Q2 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $37.6 million versus the consensus estimate of $38.52 million.

Dan Dienst, Chief Executive Officer, said, "For the past several months, we have been focused on managing our costs and expenses without in any way sacrificing our high quality content and designs. We saw the efforts of many of our talented staff pay off this quarter, which is the first profitable second quarter our Company has achieved since 2008. With the business stabilized, our business unit realignments behind us, and efficiencies and productivity measures being rigorously monitored, we are now keenly focused on the many growth opportunities ahead of us across all verticals and all geographies. As I have said on several recent occasions, the best years for MSLO are indeed ahead of us."

For earnings history and earnings-related data on Martha Stewart Living Omnimedia (MSO) click here.

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