PeerStream, Inc. Announces Growth in Monthly Active Users
PEERSTREAM INC (PEER)
Company Research
Source: GlobeNewswire
Paltalk Platform Helps Facilitate Real-time Multimedia Group Interaction Worldwide NEW YORK, NY, April 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- PeerStream, Inc. (“PeerStream,” the “Company,” “we,” “our” or “us”) (OTCQB: PEER), a leading communications software innovator that powers multimedia social applications and developer of secure communications software, is pleased to announce the recent growth of users in its core multimedia social applications. Monthly active users (“MAU”), on an average basis, for the first quarter of 2020 increased by approximately 44% as compared to the fourth quarter of 2019 and increased by approximately 26% as compared to the first quarter of 2019.MAU for the month of March 2020 increased by approximately 57% as compared to the month of December 2019, achieving its highest MAU month since November 2017. “PeerStream’s core video apps are a safe and entertaining form of communication which enables social engagement in over 180 countries. As pa
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