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* Q4 rev $61.7 mln vs est $63.9 mln
March 1 (Reuters) - Martha Stewart Living Omnimedia Inc's quarterly sales missed expectations, hurt by lower advertising revenue at its broadcasting and publishing businesses.
For the fourth quarter, the diversified media and merchandising company posted a net income of $4.2 million, or 7 cents a share, compared with $4.1 million, or 7 cents a share, a year ago.
Total revenue fell 15 percent to $61.7 million.
Publishing revenue fell by 13 percent to $38.8 million while broadcasting revenue declined 40 percent to $9.8 million.
Analysts had expected the company to earn 6 cents share, excluding items, on revenue of $63.9 million, according to Thomson Reuters I/B/E/S.
Shares of the company closed at $4.50 on Wednesday on the New York Stock Exchange. (Reporting by Monika Shinghal in Bangalore; Editing by Viraj Nair)