The Meet Group, Inc. Announces Unaudited Consolidated Financial Results for the Quarter and Nine Months Ended September 30, 2018; and Provides Revenue Guidance for the Fourth Quarter and Revises Revenue Guidance for the Full Year 2018
For the nine months, the company reported revenue of $126,155,591 against $83,634,737 a year ago. Loss from operations was $970,082 against $990,378 a year ago. Net loss was $3,150,002 against income of $3,525,163 a year ago. Basic and diluted net loss per common stockholder was $0.04 against basic and diluted net income per common stockholder of $0.05 a year ago.
The company also provided financial outlook for the fourth quarter of 2018. The company expects fourth quarter 2018 revenue in the range of $47.8 million to $48.8 million.
The company again raising full year 2018 guidance and now expect the full year 2018 revenue to be in the range of $174 million to $175 million, up from the previous expectation of $166 million to $168 million.