Demand Media Turns Profit in Q2

Company raises outlook, revenue up 17 percent

Demand Media had reason to be upbeat this afternoon on its earnings call, as the company exceeded earnings expectations with revenue up 17 percent in the second quarter of the year. The company also turned a modest profit for its first quarter ever as a public company and announced the promotion of Michael Blend to president and COO.

Richard Rosenblatt, chairman and CEO of Demand Media, said in a statement that the company will continue to expand its content platform into mobile, video and international channels.

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