BUSINESSWIRE - May 3 - Q1 total revenue was 37.6M, up 88% YOY. Mobile revenue was $30.7M, up 63% YOY. GAAP net loss was $4.2M. "Video revenue grew ~120% from Dec '17 to Mar '18, which we attribute to momentum on our MeetMe app, the launch of livestreaming monetization on Skout, and our focus on strengthening our livestreaming community and the quality of our livestreams. Our annualized video revenue run rate now exceeds $29M based on April's results, up 53% from February's run rate," said Geoff Cook, CEO of The Meet Group. The Average revenue per paying video user grow to $76 in March.
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