A stronger TV business, with a particular emphasis on its VOD offerings, led to a turnaround for Playboy Enterprises (NYSE: PLA) swung to a profit in Q2, coming in $1.9 million, or $0.06 per basic and diluted share, compared to a net loss last year of $3.3 million or $0.10 per basic and diluted share. Revenues gained 6 percent to $85.7 million from $80.5 million in Q206. Operating income in Q2 was $3.8 million compared to an operating loss of $1.2 million last year, when the company recorded a $1.9 million restructuring charge. Playboy’s Q2 results also included:

-- Revenues from online/mobile, which are part of the company’s Entertainment segment, were up slightly to $14.6 million from $13.5 million, an increase of 8.1 percent. Total Entertainment revenues, which is also includes TV, rose 9 percent to $51.8 million from $47.5 million year-over-year.

-- The Publishing Group posted a segment loss of $2.3 million, which compares to the $1.8 million loss recorded in the same period last year on a 5 percent decline in revenues to $22.7 million. Furthermore, Playboy magazine revenues dropped 6 percent to $19 million, mainly due to an 8 percent decline in circulation and a 3 percent fall off in ad revenues. The company said that it expects Playboy magazine’s Q3 ad revenues to increase roughly 5 percent compared to the same period last year. Earnings release | Webcast (11:00 a.m. EDT)