United Online, Inc. restated earnings results for the first quarter ended March 31, 2013. For the quarter, net income was $10,119,000 against previously reported $8,155,000. Net income attributable to common stockholders was $9.9 million against previously reported $7.9 million compared to $11.2 million a year ago. Basic and diluted net income per common share was $0.11 against previously reported $0.09 compared to $0.12 a year ago.

United Online Inc.'s Chairman, President and CEO Mark Goldston will resign as company director and officer after the company completes the spinoff of its FTD Cos. Inc.

United Online, Inc. reported unaudited consolidated financial results for the first quarter ended March 31, 2013. For the quarter, consolidated revenues were $247.4 million against $242.3 million a year ago. Adjusted OIBDA was $33.1 million against $39.1 million a year ago. GAAP operating income was $16.0 million compared to $21.2 million a year ago. GAAP net income attributable to common stockholders was $7.9 million or $0.09 per basic and diluted share compared to $11.2 million or $0.12 per basic and diluted share a year ago. Adjusted net income attributable to common stockholders was $15.0 million or $0.16 per diluted share compared to $19.1 million or $0.21 per diluted share a year ago. Net debt at March 31, 2013, was $111.8 million compared to $107.6 million at December 31, 2012. Income before income taxes was $13,321,000 compared to $11,168,000 a year ago. Net cash provided by operating activities was $15,147,000 against $16,875,000 a year ago. Purchases of property and equipment were $5,312,000 against $4,212,000 a year ago. Purchases of rights, content and intellectual property were $287,000 against $519,000 a year ago. For the second quarter of 2013, the company expects revenues to be $222 million to $230 million, adjusted OIBDA to $27.5 million to $32.5, net interest expense to be $3.1 million, operating income to be $8.5 million to $13.5 million, depreciation of $6.0 million and amortization of intangible assets of $8.2 million. For the full year 2013, the company's capital expenditures are estimated to range from $21 million to $25 million. The company estimates that its annual effective income tax rate will decline to approximately 36% on a GAAP basis due to a reduction in the U.K. corporate tax rate, which is expected to occur in the third quarter.