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Meet Group Inc (MEET.OQ)

MEET.OQ on NASDAQ Stock Exchange Capital Market

2.23USD
13 Dec 2017
Change (% chg)

$-0.07 (-3.04%)
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Latest Key Developments (Source: Significant Developments)

The Meet Group reports Q3 non-GAAP earnings per share $0.11
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Meet Group Inc ::The Meet Group reports third quarter financial results.Q3 non-GAAP earnings per share $0.11.Q3 GAAP earnings per share $0.03.Q3 revenue $32.2 million versus I/B/E/S view $32.3 million.Sees Q4 2017 revenue $36.5 million to $38 million.Sees fy 2017 revenue $120.1 million to $121.6 million.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Meet Group Inc - ‍david Clark, current chief financial officer, by mutual agreement will be leaving co at end of the year​.Meet Group Inc - ‍Jim Bugden has been appointed interim chief financial officer effective November 13​.Meet Group Inc - ‍a search for a permanent CFO is underway and will be led by James & Co​.  Full Article

Meetme announces $15 million share repurchase program
Tuesday, 6 Sep 2016 

Meetme Inc : Meetme announces $15 million share repurchase program .Says share purchases will be funded from cash from operations.  Full Article

MeetMe reiterates third quarter and full year 2016 revenue
Tuesday, 16 Aug 2016 

Meetme Inc : MeetMe reiterates third quarter and full year 2016 revenue and adjusted ebitda guidance . Sees Q3 2016 revenue $17 million to $17.5 million . Sees Q3 2016 revenue up 19 to 22 percent . Sees FY 2016 revenue up 16 to 20 percent . Revenue for year expected to be in range of $73.5 million to $75.5 million, which would include three months of revenue contribution from Skout . Q3 earnings per share view $0.09, revenue view $17.3 million -- Thomson Reuters I/B/E/S .FY2016 earnings per share view $0.37, revenue view $71.3 million -- Thomson Reuters I/B/E/S.  Full Article

Meetme Q2 non-GAAP earnings per share $0.09
Monday, 1 Aug 2016 

Meetme Inc : Meetme reports record second quarter financial results . Q2 GAAP earnings per share $0.55 . Q2 non-GAAP earnings per share $0.09 . Q2 earnings per share view $0.05 -- Thomson Reuters I/B/E/S . Q2 revenue $16.4 million versus I/B/E/S view $15.3 million . Mobile revenue for quarter increased 82 percent year over year and represented 92 percent of total revenue, up from 75 percent in 2015 .Continue to expect our recently announced acquisition of skout to close in october of this year.  Full Article

Meetme to buy Skout for $28.5 mln in cash and about 5.37 mln shares of Meetme
Monday, 27 Jun 2016 

Meetme Inc : Meetme to acquire skout . Deal for $28.5 million in cash . Deal implies an enterprise value of $54.6 million . Expect that skout will remain a separate brand and standalone mobile application following closing of acquisition . Expects to fund cash portion of acquisition primarily from meetme cash on hand and cash from operations . Deal consideration also includes approximately 5.37 million common shares of Meetme . Assuming a potential closing date of Oct. 1, 2016, Meetme would expect its 2016 financial results to be revenue of between $70.5 and $73.5 million . Expect Skout to contribute approximately $7.5 million of adjusted EBITDA and transaction to be accretive to earnings in first 12 months post-closing . Assuming a potential closing date of Oct. 1, 2016, would expect its 2016 financial results to be adjusted EBITDA of between $26 and $29 million .Meetme says Canaccord Genuity serving as financial advisor and Morgan, Lewis & Bockius LLP serving as legal counsel to Meetme.  Full Article