The Meet Group Reports Second Quarter 2018 Financial Results
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MeetMe (MEET) Tops Q2 EPS by 2c, Revenues Beat; Offers FY18 Revenue Guidance Above Consensus
August 1, 2018 7:36 AM EDTMeetMe (NASDAQ: MEET) reported Q2 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $42.8 million versus the consensus estimate of $38.83 million.
Second Quarter 2018 Financial Highlights
Total revenue of $42.8 million, up 37% year over yearGAAP net loss of $0.2 million, or $0.00 per diluted share, compared to GAAP net income of $0.9 million, or $0.01 per diluted share in the prior year quarterAdjusted EBITDA of $7.6 million, up 3% from the prior year quarterNon-GAAP net income of $6.4 million, or $0.08 per diluted share, compared to $6.6 million or $0.09 per diluted share in... More