PR NEWSWIRE - Nov 29 - SNAP Interactive Q3 revenue decreased 15% to $4.3M compared to $5.1M in Q3 2011. "Our focus during the third quarter centered around scaling, testing and optimizing the redesigned AreYouInterested.com product, which we launched in August 2012. We again focused on limiting cash burn and ended the quarter at $6.5M in cash and cash equivalents and investments, added Jon D. Pedersen, Sr., SNAP's CFO. Monthly Active Users (MAUs) on the AreYouInterested.com app on Facebook Platform totaled 5.29M as of Sep 30, 2012.
The full article was originally published at MarketWatch, but is no longer available.
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