The Meet Group Announces Selected Preliminary Financial Results for the Third Quarter 2019
THE MEET GROUP INC (MEET)
NASDAQ:AMEX Investor Relations:
ir.themeetgroup.com
Company Research
Source: Business Wire
NEW HOPE, Pa.--(BUSINESS WIRE)--The Meet Group, Inc. (NASDAQ: MEET), a leading provider of interactive livestreaming solutions, today pre-released selected preliminary financial information for its third quarter 2019. This announcement was made ahead of the Company’s presentation at the 5th Annual B. Riley FBR Consumer & Media Conference in New York City, scheduled for 4:00pm ET today.For the third quarter 2019, the Company expects:Revenue to be in the range of $52.0 million to $52.3 million, an increase from the Company’s prior expectations of $50.5 million to $51.0 millionAdjusted EBITDA to be in the range of $10.4 million to $10.6 million, an increase from the Company’s prior expectations of $9.3 million to $9.5 million.Adjusted EBITDA margin of 20%Video revenue to be at least $20 million, an increase from previous expectations of $19 million.“We are encouraged by our results for the third quarter,” said Geoff Cook, Chief Executive Officer of The Meet Group. “New features inclu
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