TheStreet.com (TST) Posts Smaller Q2 Loss as Revenues Rise 9.5%

TheStreet.com (NASDAQ: TST) reported Q2 EPS of ($0.02), versus ($0.03) last year. Revenue for the quarter rose 9.5% to $14.8 million, versus $13.5 million reported last year.

Subscription Services revenue in the second quarter was $11.6 million, an increase of 7.4% compared to the prior year period primarily due to increased subscribers for the investing newsletters. Media revenue in the second quarter was $3.2 million, an increase of 17.5% compared to the prior year period primarily due to increased demand from new and repeat advertisers.

"We are pleased by our revenue growth for the quarter along with a significant year-over-year increase in Adjusted EBITDA," said Elisabeth DeMarse, Chairman, President and Chief Executive Officer. "We continue to execute on our long-term growth strategy and remain focused on driving profitable revenue from our retail and institutional platforms and building shareholder value," concluded DeMarse.

For earnings history and earnings-related data on TheStreet.com (TST) click here.

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