NEW YORK (TheStreet) -- Everyday Health (EVDY) shares are up 7.3% to $13.50 in after-hours trading after closing the day down 1.33% to $12.58 following the release of the digital health and wellness solutions company's third quarter financial results after the closing bell today.
The company reported a 28% rise in advertising and sponsorship revenue over the previous year while its average revenue per advertiser rose 31%.
Total revenue for the period increased 21% over the previous year to $42.3 million, ahead of the $$35.1 million the company reported last year, and just above the $41.9 million analysts were forecasting.
Everyday Health reported earnings of 8 cents per diluted share, 1 cent better than analysts were expecting for the period.
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