Spark Networks, Inc. (LOV) Tops Q2 EPS by 3c; Enters Agreement with PEAK6, Includes Exec Changes
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Spark Networks(R) Reports Second Quarter 2016 Financial Results
August 10, 2016 4:08 PM EDTLOS ANGELES, CA -- (Marketwired) -- 08/10/16 -- Spark Networks, Inc. (NYSE MKT: LOV)
Quarterly Highlights
Spark Networks enters into transformative agreement with PEAK6 Investments, L.P. (PEAK6) Company achieves positive Net Income of $329 thousand, a 4% margin(1) Adjusted EBITDA increases to $1.4 million, a 16% margin Total Contribution grew to $7.6 million Christian Networks achieves +80% Contribution Margin JSwipe current paid subscribers now represent 3% of total Jewish... More