Press Releases

Date Title and Summary Additional Formats
Toggle Summary TheStreet Reports Second Quarter 2017 Results
- GAAP net income attributable to common stockholders totaled $0.3 million, or $0.01 per share, versus a net loss attributable to common stockholders of $1.2 million, or ($0.03) per share in the prior year period.- Adjusted EBITDA of $2.2 million increased $1.5 million, or 215% as compared to the second quarter of 2016.- Cash, cash equivalents, restricted cash and marketable securities of $25.4 million increased $2.0 million as compared to December 31, 2016 and up $0.8 million from March 31, 2017.- Total Revenue of $16.0 million down $0.3 million, or 2% as compared to second quarter last year.- Business-to-Business Revenue of $7.9 million, up $0.3 million, or 4% year-over-year. Adjusted for foreign exchange translation, Revenue was $8.0 million, up $0.5 million, or 6% year-over-year.- Business-to-Business revenue continues to grow making up 49% of total revenue in the second quarter of 2017 as compared to 46% for the same period last year.- Business-to-Consumer Revenue of $8.1 million, down $0.7 million, or 7% year-over-year.- Consumer Advertising up 3% year-over-year due to the creation of stronger marketing programs.- Operating expense for the second quarter of 2017 was $15.4 million, a decrease of $1.7 million, or 10%, from $17.2 million for the second quarter of last year.
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Toggle Summary TheStreet, Inc. to Announce Fiscal 2017 Second Quarter Financial Results on August 1, 2017
NEW YORK , July 20, 2017 /PRNewswire/ --   TheStreet, Inc. (NASDAQ: TST), a leading digital financial media company, will announce its second quarter 2017 financial and operating results on Tuesday, August 1, 2017 . The Company will host its quarterly conference call to discuss these results at
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Toggle Summary TheStreet, Inc. Announces Listing Transfer to Nasdaq Capital Market
NEW YORK , June 13, 2017 /PRNewswire/ --  TheStreet, Inc. (NASDAQ: TST), a leading financial news and information company, today announced that the Nasdaq Stock Market has approved the Company's application to list its common stock on the Nasdaq Capital Market.
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Toggle Summary TheStreet, Inc. to Present at B. Riley & Co.'s 18th Annual Investor Conference
NEW YORK , May 23, 2017 /PRNewswire/ -- TheStreet, Inc. (NASDAQ: TST), a leading financial news and information company, announced today that David Callaway, CEO, and Eric Lundberg , CFO, will present at the B. Riley 18th Annual Investor Conference, on Wednesday, May 24th, 2017 , at 3:30 p.m. PDT .
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Toggle Summary TheStreet Reports First Quarter 2017 Results
- Total Revenue of $15.3 million down $0.8 million, or 5% as compared to first quarter last year.- Business-to-Business Revenue of $7.4 million, up 4% year-over-year. Adjusted for exchange rates, Revenue was $7.6 million, up 7% year-over-year.- Business-to-Consumer Revenue of $7.9 million, down 12% year-over-year, primarily due to declines in the Premium Subscription business.- Operating expense for the first quarter of 2017 was $16.2 million, a decrease of $3.0 million, or 16%, from $19.2 million for the first quarter of last year.- Consumer Advertising up 2% year-over-year due to a significant increase in CPMs.- GAAP net loss attributable to common stockholders of $1.1 million, or ($0.03) per share, versus a net loss attributable to common stockholders of $3.4 million, or ($0.10) per share in the prior year period.- First Quarter 2017 and 2016 net loss included planned restructuring and other one-time charges of $0.2 million and $2.7 million, respectively.- Adjusted EBITDA of $0.8 million increased 3% as compared to the first quarter 2016.- Cash, cash equivalents, restricted cash and marketable securities of $24.6 million increased $1.2 million as compared to December 31, 2016.
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Toggle Summary /C O R R E C T I O N -- TheStreet, Inc./
In the news release, TheStreet, Inc. to Announce Fiscal 2017 First Quarter Financial Results on May 9, 2017 , issued 02-May-2017 by TheStreet, Inc. over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "first quarter" rather than "third quarter" as
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Toggle Summary TheStreet, Inc. to Announce Fiscal 2017 First Quarter Financial Results on May 9, 2017
NEW YORK , May 2, 2017 /PRNewswire/ --  TheStreet, Inc. (NASDAQ: TST), a leading digital financial media company, will announce its financial results for the third quarter ended March 31, 2017 , on Tuesday, May 9, 2017 . The Company will host its quarterly conference call to discuss these results
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Toggle Summary TheStreet, Inc. to Present at the 29th Annual ROTH Conference
NEW YORK , March 10, 2017 /PRNewswire/ --  TheStreet, Inc. (NASDAQ: TST), a leading financial news and information company, announced today that Larry Kramer, Chairman, David Calloway , CEO, and Eric Lundberg , CFO, have been invited to the 29th Annual ROTH Conference that will be held March 12-15,
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Toggle Summary TheStreet Reports Fourth Quarter and Full Year 2016 Results
- Total Revenue of $63.5 million for the full year 2016, down 6% year-over-year.- Business-to-Business Revenue of $29.3 million, up 1% year-over-year. Revenue was $30.3 million, up 5% year-over-year, adjusted for exchange rate losses.- Business-to-Consumer Revenue of $34.2 million, down 12% year-over-year.- GAAP net loss attributable to common stockholders of $17.5 million, or ($0.50) per share, versus a net loss attributable to common stockholders of $1.9 million, or $0.06 per share in the prior year period.- The 2016 net loss includes an extraordinary non-cash goodwill impairment charge of $11.6 million and a cumulative depreciation adjustment of $1.5 million, as well as restructuring and other one-time charges, partially offset by the reversal of a contingent liability of $1.8 million.- Adjusted EBITDA for Full Year 2016 of $2.8 million declined from $5.0 million for Full Year 2015.- Cash, cash equivalents, restricted cash and marketable securities of $23.4 million, a decrease of $7.3 million as compared to December 31, 2015 and $2.5 million since Sept. 30, 2016.
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Toggle Summary TheStreet, Inc. to Announce Fiscal 2016 Full Year Fourth Quarter Financial Results on Friday, March 10, 2017
NEW YORK , March 8 , 2017 /PRNewswire/ -- TheStreet, Inc. (NASDAQ: TST), a leading financial news and information company, today announced that it will host a conference call and announce its financial results for the fourth quarter and year ended December 31, 2016 at 11:00 A.M.
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