ValueVision Media Earnings: Here’s Why Investors are Buying Shares Now

ValueVision Media Inc. (NASDAQ:VVTV) had a loss 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 11.72%.

ValueVision Media Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.23 in the quarter versus EPS of $-0.17 in the year-earlier quarter.

Revenue: Rose 20.31% to $177.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: ValueVision Media Inc. reported adjusted EPS loss of $0.23 per share. By that measure, the company missed the mean analyst estimate of $-0.08. It beat the average revenue estimate of $161.83 million.

Quoting Management: There was no comment from the management

Key Stats (on next page)…