Demand Media (DMD) Reports In-Line Q1 EPS

Demand Media (NYSE: DMD) reported Q1 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $87.4 million versus the consensus estimate of $90.73 million.

“The first quarter was highlighted by the launch of our first new gTLDs and accelerating momentum in the overall marketplace of gTLDs,” said Shawn Colo, Interim CEO of Demand Media. “Additionally, during the quarter we took important steps to strengthen our owned and operated media brands through product and content enhancements.”

For earnings history and earnings-related data on Demand Media (DMD) click here.

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