MeetMe, Inc. (NYSE MKT: MEET), the public market leader for social discovery, has been invited to ring the closing bell today at the New York Stock Exchange. CEO and co-founder, Geoff Cook, as well as members of the company’s management team, will be on the podium to participate in this prestigious event.
“We are excited and honored that the New York Stock Exchange has chosen MeetMe for this longstanding tradition of ringing the closing bell,” said Cook. “The New York Stock Exchange has been a steadfast partner and we are more than pleased to participate at a time when we can celebrate its role in supporting our efforts toward strong growth.”
Making this ceremony particularly timely, MeetMe recently raised fourth quarter revenue expectations and noted faster-than-expected mobile revenue growth for the quarter of 127 percent year-over-year and 72 percent sequentially. Members of the management team will remain in New York over the next few days to participate in the 16th Annual Needham Growth Conference, as well as to meet separately with interested investors.
The closing bell will ring at 4:00 PM Eastern Standard Time.About MeetMe, Inc. MeetMe ® is the leading social network for meeting new people in the US and the public market leader for social discovery (NYSE MKT: MEET). MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. With 60% of traffic coming from mobile, MeetMe is fast becoming the social gathering place for the mobile generation. The company operates MeetMe.com and MeetMe apps on iPhone, iPad, and Android in multiple languages including English, Spanish, Portuguese, French, Italian, German, Chinese (Traditional and Simplified), Russian, Japanese, Dutch Turkish and Korean. Cautionary Note Concerning Forward-Looking Statements Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding expected revenue and future revenue growth. All statements other than statements of historical facts contained herein, including statements regarding the continued growth in our core platform, are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ include the success of our advertising initiatives and mobile strategy, and the size and engagement of our user base, and unforeseen technical or other problems or issues that could affect the performance of our products or our business. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2012 and the Current Reports on Form 8-K filed with the SEC on May 1, 2013, October 1, 2013 and November 6, 2013. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.