Advertising Helps Martha Stewart Profit

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Martha Stewart Living Omnimedia Inc. posted better-than-expected quarterly profit on Wednesday as increased advertising at its flagship magazine helped reverse a year-earlier loss and sent its stock up 8 percent.


Omnimedia reported a profit of $2.9 million (6 cents per share), compared with a loss of $7.3 million (15 cents) a year earlier. Revenue rose 40 percent to $84.5 million.


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