The Meet Group Reports First Quarter 2019 Financial Results
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The Meet Group (MEET) Tops Q1 EPS by 1c, Revenues Beat; Offers Q2 & FY19 Revenue Outlook
May 8, 2019 7:39 AM EDTThe Meet Group (NASDAQ: MEET) reported Q1 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $49.5 million versus the consensus estimate of $47.8 million.
Total revenue of $49.5 million, up 32% year over year.GAAP net income of $1.3 million, or $0.02 per diluted share, compared to a GAAP net loss of $4.2 million, or a loss of $0.06 per diluted share, in the prior year quarter.Adjusted EBITDA of $8.1 million, compared to Adjusted EBITDA of $5.2 million in the prior year quarter.Non-GAAP net income of $7.0 million,... More