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Meet Group: 2Q Earnings Snapshot

August 1, 2018

NEW HOPE, Pa. (AP) _ Meet Group Inc. (MEET) on Wednesday reported a second-quarter loss of $235,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the New Hope, Pennsylvania-based company said it had a loss of less than 1 cent. Earnings, adjusted for amortization costs and stock option expense, were 8 cents per share.

The dating site company posted revenue of $42.8 million in the period.

For the current quarter ending in October, Meet Group said it expects revenue in the range of $43 million to $44 million.

The company expects full-year revenue in the range of $166 million to $168 million.

The company’s shares closed at $4.06. A year ago, they were trading at $5.02.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEET at https://www.zacks.com/ap/MEET

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