TheStreet Inc. Earnings Cheat Sheet: Flat Growth

TheStreet Inc. (NASDAQ:TST) reported its results for the third quarter. TheStreet, together with its subsidiaries, provides a variety of subscription-based and advertising-supported content and tools through a range of online platforms, including web sites, mobile devices and email services.

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TheStreet Earnings Cheat Sheet for the Third Quarter

Results: Loss narrowed to $1.5 million (loss of 5 cents per diluted share) from $1.8 million (loss of 6 cents per share) in the same quarter a year earlier.

Revenue: Remained constant at $14.3 million.

Quoting Management: “We made solid progress on our key strategic initiatives during the third quarter. Notable proof points include robust audience growth, continued subscription bookings growth under suboptimal market conditions, important new product launches and improved subscription churn statistics. While performance in the marketing services business reflected sentiments in the financial markets, the overall results benefited from our diversified revenue streams, the stability of subscription revenue and careful cost and cash flow management,” said Daryl Otte, the Company’s Chief Executive Officer.

Key Stats:

Over the last five quarters, revenue has fallen an average of 2% year over year. The biggest drop came in the fourth quarter of the last fiscal year, when revenue fell 11.1% from the year earlier quarter.

Competitors to Watch: Yahoo! Inc. (NASDAQ:YHOO), Google Inc. (NASDAQ:GOOG), AOL, Inc. (NYSE:AOL), Banks.com Inc (AMEX:BNX), Microsoft Corporation (NASDAQ:MSFT), China Finance Online Co. (NASDAQ:JRJC), Time Warner Inc. (NYSE:TWX), WebMD Health Corp. (NASDAQ:WBMD), Bankrate (RATE) and IAC/InterActiveCorp (NASDAQ:IACI).

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

(Source: Xignite Financials)