TheStreet, Inc. (TST) Tops Q3 EPS by 4c

TheStreet, Inc. (NASDAQ: TST) reported Q3 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $16.7 million versus the consensus estimate of $16.88 million.

"The third quarter showed expected improvement in our business. We continue to execute on our strategic plan, focusing on growth opportunities in business-to-business subscription revenues, while maintaining our footprint in consumer businesses," said Elisabeth DeMarse, Chairman and Chief Executive Officer. "As we continue to transform TheStreet, Inc., we remain committed to increasing our gross margin to make TheStreet a profitable, lucrative subscription-based company."

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

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