April 27, 2017

This morning Meredith Corporation (NYSE: MDP) reported its third quarter results for its fiscal year 2017, including total company digital advertising revenue growth of 25 percent, a third quarter record. Meredith Corp., the publisher of well-known brands like EatingWell, SHAPE, Parents and Better Homes & Gardens, also reported total company revenue of $425 million and earnings per share of $0.87. For the first nine months of fiscal year 2017, Meredith reported total company revenue of $1.3 billion, a 4 percent increase year-over-year, and total advertising revenue of $704 million, a 3 percent increase year-over-year.