TheStreet, Inc. (TST) Reports In-Line Q1 EPS
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TheStreet Reports First Quarter 2018 Results - Year-Over-Year EBITDA and Deferred Revenue Growth Highlight Progress in Turnaround Efforts
May 8, 2018 8:00 AM EDTNEW YORK, May 8, 2018 /PRNewswire/ --
Total Revenue of $14.7 million: Business-to-Business (B2B) Revenue of $8.0 million, up 9% year-over-year; Business-to-Consumer (B2C) Revenue of $6.7 million, down 15% year-over-year, primarily due to a strategic shift in advertising; Total revenue down $0.6 million year-over-year. Deferred subscription revenue totaled $26.7 million, up $1.6 million, or 7%, year-over-year, the third consecutive quarter with year-over-year deferred subscription revenue growth, and up $2.9MM, or 12%, from the prior quarter: B2B deferred subscription revenue increased $1.4 million, or 10% from the fourth quarter of 2017 and $1.2 million... More