Martha Stewart Living Omnimedia Inc. reported a plunge in net income of 86% for the 2003 second quarter. Net income was $931,000 for the period ended June 30, compared with $6.7 million for the same quarter last year.
Operating income was $1.5 million, compared with $13 million for the second quarter in 2002.
Revenue fell to $65.8 million from $78.6 million.
The Internet/direct commerce division experienced the smallest loss among all the Martha Stewart divisions
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