United Online (UNTD) +7.1% AH after announcing it will spin off its FTD online flower delivery...

|By:, SA News Editor

United Online (UNTD) +7.1% AH after announcing it will spin off its FTD online flower delivery unit into a separate, publicly-traded company. United has also posted its Q2 results: EPS of $0.18 beat by $0.05, and revenue of $231.9M (-9% Y/Y) was roughly in-line. Q3 revenue guidance is also in-line. FTD accounted for 72% of United's Q2 sales - the division's revenue fell 5% Y/Y.