MARKETWIRE - Nov 16 - SNAP Interactive, a provider of online dating apps for social networks, announced operating results for Q3 '09. Q3 '09 revenue increased to $801,120 as compared to $784,242 in Q2 '09 "We are excited to report our seventh consecutive quarter of operational profit," stated SNAP President & CEO Clifford Lerner. "With ~3M monthly active users and very limited spending on user acquisition to date, we are aggressively pursuing non-advertising based monetization opportunities, including virtual gifts and subscriptions. We plan to roll out these features to our user base over the next several months", he added.
The full article was originally published at CNN Money, but is no longer available.
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