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Stock Market & Financial Investment News

News Breaks
January 31, 2013
09:01 EDTMEETMeetMe has positive read-through from Facebook, says Northland Securities
After Facebook (FB) reported that 65% of its advertisers utilized news feed ads and that its mobile ad revenue surged 100% quarter over quarter, Northland views these metrics as positive indications for the upcoming launch of MeetMe's (MEET) feed based products this quarter. The firm maintains an Outperform rating on MeetMe.
News For MEET From The Last 14 Days
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January 12, 2015
09:07 EDTMEETMeetMe sees FY15 revenue $47M-$53M, consensus $52.96M
MeetMe has updated its iPad app. The new iPad app streamlines the mobile experience across devices and includes simpler navigation and real time chat. The updated app for iPad also has a similar appearance to MeetMe’s iPhone and Android apps. “This update unifies the MeetMe experience across more mobile devices and makes future changes easier,” said Geoff Cook, CEO of MeetMe. “We look to continue improving our mobile experience across a range of devices to provide the best possible experience for our users. With this update, we are also laying the foundation for monetization of our iPad app in the coming weeks, when we plan to launch advertising and virtual currency on iPad. These expected revenues are included in our previously announced 2015 guidance of annual revenue growth to between $47M-$53M and annual adjusted EBITDA growth to between $7M-$10M.

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