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Onstream Media Corporation Reports Q1 EPS of $(0.10)


Onstream Media Corporation (NASDAQ: ONSM) announced today its financial results for the first quarter of fiscal 2011, the three months ended December 31, 2010.

Total revenues were approximately $4.2 million for Q1 FY2011, an increase of approximately 4.1% compared to the first quarter of fiscal 2010

Consolidated net loss was approximately $(898,000), or $(0.10) loss per share, in Q1 FY2011, representing a decrease of 79.3% as compared to a net loss of approximately $(4.3) million, or $(0.58) loss per share, in Q1 FY2010.

Posted-In: Earnings News


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