The Meet Group (MEET) Tops Q1 EPS by 1c, Revenues Beat; Offers Q2 & FY19 Revenue Outlook

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The Meet Group Reports First Quarter 2019 Financial Results

May 8, 2019 7:35 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 first quarter ended March31, 2019.

First Quarter 2019Financial Highlights

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... More