Martha Stewart Living Omnimedia Turns To Profit In Q2 - Quick Facts

(RTTNews) - Martha Stewart Living Omnimedia Inc. (MSO) said that its net income for the second quarter ended June 30, 2014 was $1.77 million, compared to a loss of $1.18 million in the previous year. Net income per share was $0.03 compared to a loss of $0.02 for the second quarter of 2013.

Total operating income for the second quarter was $2.2 million compared to a loss of $0.6 million in the prior-year period.

Revenues totaled $37.6 million in the second quarter of 2014, compared to $42.2 million in the second quarter of 2013 due to lower print and merchandising revenue partially offset by higher digital advertising revenue.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.02 per share and revenues of $38.52 million for the quarter. Analysts' estimates typically exclude special items.