The Meet Group (MEET) Misses Q1 EPS by 4c, Revenues Beat

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The Meet Group Reports First Quarter 2020 Financial Results

May 6, 2020 7:00 AM EDT

NEW HOPE, Pa.--(BUSINESS WIRE)-- The Meet Group, Inc. (NASDAQ: MEET), a leading provider of interactive livestreaming solutions, today reported financial results for its first quarter ended March 31, 2020.

First Quarter 2020 Highlights

Total revenue of $55.1 million, up 11% from the first quarter of 2019. GAAP net loss of $2.4 million, or $0.03 per diluted share, compared with GAAP net income of $1.3 million, or $0.02 per diluted share in the first quarter of 2019. Adjusted EBITDA of $7.9 million, compared with $8.1 million in the first quarter of 2019. Non-GAAP net income of $6.7... More