Income Drops in Q2 at United Online

United Online Inc. missed its revenue guidance for the second quarter, coming up just about $2 million short. The Woodland Hills-based media and consumer products provider reported net income of $14 million, or $0.15 per diluted share, on revenues of $242.7 million for the quarter ending June 30. That is decrease from the net income of $19.3 million, or $0.21 per diluted share, on revenues of $260.8 million for the same period a year ago. The second quarter guidance had the company earning revenues between $244 million and $252 million. Despite not making the revenue guidance, the company had operating income that exceeded the guidance, said Chairman. President and CEO Mark R. Goldston. United Online has three business segments of which the FTD segment brought in the most revenue with $152.7 million. That is a 2 percent increase over the second quarter in 2009. “Our commitment to aggressively promote the florist-designed arrangements among our product offerings underscores our continuing efforts to support FTD florists and further increase the value of membership in the FTD network,” Goldston said. Shares in United Online closed up at $6.39. Mark R. Madler