Martha Stewart Living Omnimedia (MSO) Misses Q1 EPS by 6c, Sales Light
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Martha Stewart Living Omnimedia Reports First Quarter 2015 Results
May 5, 2015 7:30 AM EDTNEW YORK, May 5, 2015 /PRNewswire/ -- Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) today announced its results for the first quarter ended March 31, 2015.
"MSLO begins a new era in 2015, marked by a more efficient, asset-light company focused on designing high-quality products and creating award-winning content. We saw the benefits of the partnership with Meredith Corporation begin to take hold in the first quarter as reflected in a 65% reduction in Publishing segment operating expenses over the prior-year period," said CEO Dan Dienst. "We are fully focused on top-line growth by continuing... More
