MeetMe (MEET) Tops Q1 EPS by 3c

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MeetMe Reports First Quarter 2015 Financial Results

May 7, 2015 8:30 AM EDT

Mobile Revenue Increased 76% Year Over Year

Adjusted EBITDA Increased To $3.1 Million, Compared to a Loss of $500,000 a Year Ago

Achieved Record Adjusted EBITDA Margin of 27%

NEW HOPE, Pa.--(BUSINESS WIRE)-- MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, today reported financial results for its first quarter ended March 31, 2015.

First Quarter 2015 Financial Highlights

Total revenue was $11.6 million, up 22% from the first quarter of 2014. Mobile revenue was $8.2 million, up 76% from the first quarter of... More