TheStreet, Inc. (TST) Misses Q1 EPS by 3c, Sales Fall

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TheStreet Reports First Quarter 2016 Results

May 9, 2016 8:00 AM EDT

NEW YORK, May 9, 2016 /PRNewswire/ -- TheStreet, Inc. (Nasdaq: TST) today reported financial results for the quarter ended March 31, 2016. 

For the first quarter of 2016, the Company reported revenue of $16.1 million, net loss attributable to common stockholders of $3.4 million, or ($0.10) per basic and diluted share, and Adjusted EBITDA(1) of $0.7 million.

"This is the beginning of our transition year," said Larry Kramer, Chairman and Interim CEO.  "We have launched product improvement projects in all of our businesses, and begun to... More