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Meet Group Inc (MEET.OQ)

MEET.OQ on NASDAQ Stock Exchange Capital Market

2.30USD
15 Dec 2017
Change (% chg)

$0.07 (+3.14%)
Prev Close
$2.23
Open
$2.23
Day's High
$2.34
Day's Low
$2.23
Volume
451,299
Avg. Vol
216,726
52-wk High
$6.44
52-wk Low
$2.20

Latest Key Developments (Source: Significant Developments)

The Meet Group reports Q3 non-GAAP earnings per share $0.11
Wednesday, 8 Nov 2017 04:05pm EST 

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

The Meet Group to acquire lovoo
Wednesday, 20 Sep 2017 08:31am EDT 

Sept 20 (Reuters) - Meet Group Inc :The Meet Group to acquire Lovoo.Meet Group Inc - deal for ‍$70 million​.Meet Group Inc - deal ‍expected to be accretive to non-gaap earnings per share in 2018 and beyond​.Meet Group Inc - deal ‍funded with existing cash and an increase of company's existing debt facility​.Meet Group Inc - ‍expects that lovoo will remain a separate brand and standalone mobile application following closing of acquisition​.  Full Article

Meet Group Q2 earnings per share $0.01
Thursday, 3 Aug 2017 04:05pm EDT 

Aug 3 (Reuters) - Meet Group Inc :Q2 non-GAAP earnings per share $0.09.Q2 GAAP earnings per share $0.01.Q2 revenue $31.3 million versus I/B/E/S view $30.7 million.Q2 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $32 million to $34 million.Meet Group Inc sees ‍ Q3 adjusted EBITDA in range of $7.5 million to $9.5 million, representing 9 to 39 percent growth​.Meet Group Inc qtrly ‍ full year 2017 revenue in range of $121 to $126, representing 50 to 66 percent growth​.Meet Group Inc sees ‍ full year 2017 adjusted EBITDA in range of $32 million to $37 million, representing 9 to 26 percent growth​.Q3 revenue view $35.7 million -- Thomson Reuters I/B/E/S.FY2017 revenue view $129.9 million -- Thomson Reuters I/B/E/S.  Full Article

Meet Group, on June 27, 2017, Co, a Delaware corporation entered into cooperation agreement
Thursday, 29 Jun 2017 04:37pm EDT 

June 29 (Reuters) - Meet Group Inc ::Meet Group Inc - on June 27, 2017, Meet Group, Inc., a Delaware corporation entered into a cooperation agreement - sec filing.Meet Group Inc - pursuant to cooperation agreement, company agreed to increase size of board from 6 to 7 members, no later than June 27, 2017.Meet Group Inc - pursuant to cooperation agreement, company agreed to accept resignation of one existing member of board.Meet Group Inc - pursuant to cooperation agreement, co agreed to appoint Jim Parmelee as a director with a term expiring at Co's 2018 annual meeting.  Full Article

Meet Group Q1 non-gaap earnings per share $0.07
Monday, 8 May 2017 04:05pm EDT 

May 8 (Reuters) - Meet Group Inc ::Q1 non-gaap earnings per share $0.07.Q1 revenue $20.1 million versus I/B/E/S view $20.1 million.Q1 gaap earnings per share $0.01.Q1 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.  Full Article

Meetme announces closing of if(we) acquisition and rebrands to The Meet Group
Monday, 3 Apr 2017 04:15pm EDT 

Meetme Inc : Meetme announces closing of if(we) acquisition and rebrands to The Meet Group . if(we) acquisition is expected to contribute $9 million of adjusted EBITDA in first 12 months post-close . Meetme Inc - if(we) acquisition is expected to provide combined company with a path forward for generating $150 million in annualized revenue .Meetme Inc - if(we) acquisition is expected to provide combined company with a path forward for generating $50 million of adjusted EBITDA annually.  Full Article

MeetMe prices public offering of common stock
Friday, 10 Mar 2017 09:01am EST 

MeetMe Inc : MeetMe prices public offering of common stock .Says public offering of 8.00 million common shares priced at $5.00 per share.  Full Article

MeetME announces proposed public offering of common stock
Thursday, 9 Mar 2017 04:05pm EST 

Meetme Inc : Meetme announces proposed public offering of common stock .Meetme Inc - intends to use net proceeds from offering potentially to fund a portion of consideration for pending if(we) acquisition.  Full Article

Meetme to acquire if(we)
Monday, 6 Mar 2017 04:06pm EST 

Meetme Inc : Meetme to acquire if(we) . Meetme Inc -deal expected to contribute at least $9.0 million in adjusted ebitda . Deal for $60.0 million in cash . Meetme Inc - deal accretive to earnings in first 12 months after closing . Company expects to fund acquisition from Meetme cash on hand and cash from operations . Meetme Inc - expects that tagged and hi5 will remain separate brands and standalone mobile applications following closing of acquisition . Meetme Inc - company has extended offers of employment to approximately 87 of company's 100 employees . Meetme Inc - expects to also fund acquisition from other sources of financing available , including $30.0 million bank loan from J.P. Morgan Chase Bank . Meetme Inc - Skout's co-founder and CTO Niklas Lindstrom has joined Meetme as chief technology officer . Meetme Inc - Lindstrom replaces Meetme's former chief technology officer, Jonah Harris, who has agreed to remain with company .Meetme Inc - Meetme's former CTO Rich Friedman has rejoined company as svp engineering.  Full Article

MeetMe Q4 non-GAAP earnings per share $0.19
Monday, 6 Mar 2017 04:05pm EST 

Meetme Inc : Meetme reports record revenue, net income and adjusted ebitda for fourth quarter and full year 2016 . Q4 non-gaap earnings per share $0.19 . Q4 gaap earnings per share $0.15 . Q4 revenue $29.2 million versus i/b/e/s view $28.7 million . Q4 earnings per share view $0.16 -- Thomson Reuters I/B/E/S .Meetme Inc qtrly mobile revenue was $27.8 million, up 62% year over year.  Full Article