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MEET - The Meet Group: Strong Revenue Growth Expected To Resume In Q4 2019
The Meet Group Inc.
For an overview of The Meet Group (MEET) please refer to my previous article here. This article focuses on recent developments including its Q2 2019 results and full year prospects.
Q2 2019 results - key takeaways
Meet reported its Q2 2019 results on July 31, 2019. Revenues reached a record level of USD52 million up 22% from the year-ago quarter. Adjusted EBITDA was USD9.8 million representing a margin of 18.8% up from 16.4% in Q1 2019. Non-GAAP net income was USD8.8 million compared with USD6.4 million in the prior year quarter. Top