MeetMe (MEET) Tops Q2 EPS by 2c, Revenues Beat; Offers FY18 Revenue Guidance Above Consensus

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Go back to MeetMe (MEET) Tops Q2 EPS by 2c, Revenues Beat; Offers FY18 Revenue Guidance Above Consensus

The Meet Group Reports Second Quarter 2018 Financial Results

August 1, 2018 7:30 AM EDT

NEW HOPE, Pa.--(BUSINESS WIRE)-- The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the mobile meeting space, today reported financial results for its second quarter ended June 30, 2018.

Second Quarter 2018 Financial Highlights

Total revenue of $42.8 million, up 37% year over year GAAP 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 quarter Adjusted EBITDA of $7.6 million, up 3% from the prior year quarter... More