Total revenue is expected to be approximately $56.5 million, an increase of 26% from full year 2014, and above the Company’s previously released guidance range of $53.5 million to $54 million for full year 2015.
Adjusted EBITDA is expected to be approximately $19.5 million, an increase of 289% from the prior year, and above the previously released guidance range of $16.5 million to $17.5 million for full year 2015.
David Clark, Chief Financial Officer of MeetMe, added, “Our increased revenue guidance anticipates better than expected performance reflecting seasonally strong fourth quarter advertising rates and increasing engagement on our apps. As a result, we are increasing adjusted EBITDA guidance as well.”
public market leader for social discovery, announced today that it set a new daily record for the number of user-to-user chats. On Monday, December 28, for the first time in MeetMe’s history, more than 30 million chats were sent on a single day.
“We have had tremendous growth in the number of chats sent on MeetMe in the last year,” said Geoff Cook, CEO of MeetMe. “Just over a year ago, we announced 20 million chats a day. Reaching this new milestone of 30 million user-to-user chats in a single-day is a testament to MeetMe’s power to connect users around the world. We’ve never seen higher engagement on MeetMe and we expect this growth to continue as we grow both in the US and internationally.”
momokamas;the dumbest post I have ever seen