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.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on MSO at


Keywords: Martha Stewart Living, Earnings Report