MeetMe (MEET) Tops Q1 EPS by 4c

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MeetMe Reports Record First Quarter Financial Results

May 5, 2016 6:30 AM EDT

Total Revenue Increased 15% Year Over Year

Mobile Revenue Increased 42% Year Over Year

Adjusted EBITDA Increased 19% Year Over Year

GAAP Net Income Increased 226% Year Over Year

NEW HOPE, Pa.--(BUSINESS WIRE)-- MeetMe, Inc. (NASDAQ: MEET), a public market leader for social discovery, today reported financial results for its first quarter ended March 31, 2016.

First Quarter 2016 Financial Highlights

Total revenue was $13.3 million, up 15% from the first quarter of 2015. Mobile revenue was $11.7 million, up 42% from the... More