Tag Archives: Dan Dienst

MSLO Q3 Net Loss Rises as Revenues Spiral Downward

MSLO

NEW YORK-The third-quarter net loss for Martha Stewart Living Omnimedia (MSLO) widened to $10.9 million from $4.3 million in last year’s third quarter, as revenues from all three business segments fell. Total net revenues in the quarter, which ended on Sept. 30, were $29.8 million, down 11.9 percent. Merchandising revenues (which include the company’s homeMore »

Last updated: October 28, 2014

MSLO Posts First Q2 Profit Since 2008

MSLO

NEW YORK-For the first time in six years, Martha Stewart Living Omnimedia (MSLO) reported net income in a second quarter, posting $1.8 million in the quarter ending on June 30. Dan Dienst, MSLO’s CEO, said the black bottom line owed to the company’s focus on managing expenses “without in any way sacrificing our high-quality contentMore »

Last updated: July 30, 2014

MSLO Cuts Q1 Loss

MSLO

NEW YORK-Significant reductions in key expense categories helped Martha Stewart Living Omnimedia (MSLO) narrow its first-quarter net loss from $3 million last year to $2.2 million this year. Operating expenses in the quarter, which ended on March 31 were slashed by 11.9 percent. This included a 25.2 percent decrease in production, distribution and editorial expenses;More »

Last updated: May 6, 2014

MSLO Q4 Net Balloons; Company Slashes Loss for Fiscal Year

MSLO

NEW YORK-Martha Stewart Living Omnimedia (MSLO) reported a 528.5 percent jump in fourth-quarter net income to $7 million, reducing its net loss for the fiscal year to $1.8 million from $56.1 million in the previous fiscal year. Dan Dienst, MSLO’s CEO, attributed the quarterly bottom-line success to “some aggressive and important steps … to alignMore »

Last updated: February 25, 2014