MDP - Meredith EPS beats by $1.07 beats on revenue

Meredith (MDP): FQ2 Non-GAAP EPS of $3.13 beats by $1.07; GAAP EPS of $3.04 beats by $1.51.Revenue of $901.5M (+11.2% Y/Y) beats by $55.68M.CEO comment: "We continue to benefit from the strength and durability of our diversified portfolio of brands and businesses. We are excited to serve our consumers with high quality content from brands they can trust, and we are continually evolving our premium content and distribution to reach consumers where they are, leading to heightened engagement and stronger results for our advertising and marketing clients. Additionally, we are consistently able to identify opportunities to benefit from consumer related revenue streams, empowered by our audience reach of more than 190 million engaged consumers, including nearly 95 percent of adult women in the United States."Press Release

For further details see:

Meredith EPS beats by $1.07, beats on revenue