Martha Stewart Living posts 2nd-quarter loss of $2.7 million

MarketsAssociated Press

Martha Stewart Living Omnimedia Inc. (MSO) on Wednesday reported a second-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier.

The New York-based company said it had a loss of 5 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to less than 1 cent on a per-share basis.

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The media company posted revenue of $18.2 million in the period.

Martha Stewart shares have increased 41 percent since the beginning of the year. The stock has climbed 39 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSO at http://www.zacks.com/ap/MSO

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Keywords: Martha Stewart Living, Earnings Report