MeetMe Beats Street, CEO Says Company Focused on Organic Growth

MeetMe is about connecting with people you want to know, instead of sites like Facebook that focus on people you already know, explain siblings and co-founders, Geoff and Catherine Cook. Geoff says the Q2 beat came from mobile advertising, and this was the first quarter where mobile revenue was 50% of total revenue. On average, users log in more than 100 times a month. Daily active users went up 12% in Q2. Going forward, they see growth coming from continued mobile advertising and getting more users into the platform. Going forward, MeetMe is focused on organic and new product growth. TheStreet's Jill Malandrino reports from the NASDAQ Market Site.