PR WEB - Apr 28 - GreenCrest Capital released a first-of-its kind in-depth equity research report on eHarmony. They estimate eHarmony will see 7% annualized growth in revenue over the next 5 years, and will see solid margin expansion. GreenCrest proojects eHarmony's revenue will grow from $274M in 2010 to $423M in 2016. "We are comfortable with a valuation of eHarmony in the $700-$900M range", stated the report.
The full article was originally published at SF Chronicle, but is no longer available.
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Wow, that's amazing. Almost a billion dollar valuation! We've been sending them traffic for a couple of years now. It's nice to know that they are doing this well with our traffic and all of their other traffic sources/promotion methods. They are at the top of their game. Incredible.
Posted by: @rockstarlabs | Apr 29, 2011 at 03:47 PM