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Weddingwire

Earnings
Martha Stewart: Conference Call: Likely To Acquire All Of WeddingWire; More Emeril

Joseph Weisenthal

Feb 19, 2008 11:13 AM

A busy conference call for Martha Stewart Omnimedia (NYSE: MSO), following its earnings release, and the announcements pertaining to Emeril and WeddingWire: Not too surprisingly, the company says its 40 percent investment in WeddingWire is a step towards full ownership of the company at some point down the road. As…

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Posted In: Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, emeril, weddingwire

Earnings
Earnings: Martha Stewart Q4 Revs Up 22 Percent; Takes 40 Percent Stake In WeddingWire

Joseph Weisenthal

Feb 19, 2008 7:48 AM

Just following the official announcement of its Emeril buy, Martha Stewart Living Omnimedia (NYSE: MSO) reported Q4 revenues of $118.5 million, up 22 percent year-on-year from $97.03 million. Net income more than doubled to $33.3 million ($.63 per share) from $16.2 million ($.31 per share). The biggest contributor to growth…

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Posted In: Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, mslo, weddingwire

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