The Meet Group Reports Third Quarter 2019 Financial Results

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The Meet Group (MEET) Tops Q3 EPS by 1c, Revenues Beat; Provides FY19 Revenue Guidance Above Consensus

November 7, 2019 7:20 AM EST

The Meet Group (NASDAQ: MEET) reported Q3 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $52.6 million versus the consensus estimate of $51.54 million.

Third Quarter 2019 Financial Highlights

Total revenue of $52.6 million, up 15% from the prior year quarter.GAAP net income of $3.0 million, or $0.04 per diluted share, compared to a GAAP net income of $1.3 million or $0.02 per diluted share in the prior year quarter.Adjusted EBITDA of $11.0 million, compared to Adjusted EBITDA of $8.7 million in the prior year quarter.Non-GAAP net income of $10.1... More