Tag Archives: Dan Dienst

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 »

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 »