TheStreet Reports Second Quarter 2018 Results

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TheStreet, Inc. (TST) Misses Q2 EPS by 2c, Revenues Miss

August 8, 2018 6:17 AM EDT

TheStreet, Inc. (NASDAQ: TST) reported Q2 EPS of ($0.02), $0.02 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $13.5 million versus the consensus estimate of $15.6 million.

RateWatch business sold June 20, 2018 for $33.5 million.Cash, cash equivalents, restricted cash and marketable securities totaled $44.9 million, an increase of $31.0 million from December 31, 2017, including a $5.6 million increase in cash from operations.Net income for the second quarter 2018 including discontinued operations totaled $27.5 million, or $0.54 per... More