United Online Earnings: Here’s Why Shares are Up Now
United Online, Inc. (NASDAQ:UNTD) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 2.09%.
United Online, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 44% to $0.14 in the quarter versus EPS of $0.25 in the year-earlier quarter.
Revenue: Rose 0.5% to $219 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: United Online, Inc. reported adjusted EPS income of $0.14 per share. By that measure, the company missed the mean analyst estimate of $0.16. It beat the average revenue estimate of $216.35 million.
Key Stats (on next page)…