- MeetMe (MEET +19.4%) shares surge after the company announces preliminary Q4 revenue of ~$13M (+12% Y/Y and 29% Q/Q), well above the lone analyst's expectation of $11.5M and prior guidance of $11.25M-$11.75M.
- Mobile revenue surged 127% Y/Y and 72% Q/Q to ~$5M.
- $600K in virtual currency sales, which had been collected previously but deferred, is included in the preliminary results.
MeetMe flies as preliminary Q4 revenues come above guidance, mobile sales surge
Jan 8 2014, 10:42 ET