Meet Group: Q1 Earnings Insights

Shares of Meet Group MEET rose 0.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were flat 0.00% year over year to $0.09, which missed the estimate of $0.13.

Revenue of $55,066,000 rose by 11.22% year over year, which beat the estimate of $54,150,000.

Guidance

Meet Group hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $7.00

Company's 52-week low was at $3.05

Price action over last quarter: Up 9.15%

Company Overview

The Meet Group Inc is a leading provider of interactive livestreaming solutions designed to meet the universal need for human connection. The company's ecosystem of livestreaming apps enables users to interact through one-to-many livestreaming broadcasts and text-based conversations. The apps, MeetMe, LOVOO, Skout, Tagged and Growlr deliver live interactions and meaningful connections to millions of users daily.

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Posted In: EarningsNews
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