The Meet Group (MEET) Tops Q2 EPS by 15c

The Meet Group (NASDAQ: MEET) reported Q2 EPS of $0.26, $0.15 better than the analyst estimate of $0.11. Revenue for the quarter came in at $90.3 million versus the consensus estimate of $55.25 million.

“We continue to expect to close our acquisition by ProSiebenSat.1 and General Atlantic by the end of this year,” said Geoff Cook, Chief Executive Officer of The Meet Group. “We have received antitrust clearance in the United States, Germany and Austria, and our stockholders have approved the transaction.”

GUIDANCE:

Due to the pending acquisition by ProSiebenSat.1’s and General Atlantic’s joint company NuCom Group, the Company does not plan to host an earnings conference call or provide forward-looking guidance.

For earnings history and earnings-related data on The Meet Group (MEET) click here.

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