- United Online (NASDAQ:UNTD +16.7%) had Q2 adjusted OIBDA of $10.2M, roughly flat Y/Y and above guidance of $6.5M-$8.5M. The company has hiked its full-year adjusted OIBDA guidance to $31M-$35M from $29M-$34M.
- Mobile broadband and ad growth fueled a 5% Y/Y increase in communications revenue to $26.2M, which in turn helped total revenue beat estimates. Internet subs fell by 15K Q/Q to 328K, and all other paid accounts by 5K to 197K. ARPU rose $0.30 to $10.72.
- Content/media revenue fell 13% Y/Y to $28.6M. Paid accounts fell by 55K Q/Q to 2.52M; churn fell 20 bps to 3%; and ARPU was steady at $2.49. Segment active accounts dropped by 1M to 9.8M.
- United expects Q3 revenue of $51M-$54M, in-line with a $52.9M consensus. Adjusted OIBDA is expected to be in a range of $8.5M-$10M.
- Q2 results, PR