Analysts surveyed by Thomson Reuters anticipate a net loss of 2 cents a share and $13 million in revenue in the three months to December.
For fiscal 2013, a net loss of 27 cents a share and $40.3 million in revenue is forecast.
In January, the New Hope, Penn.-based business said it expects quarterly revenue of around $13 million, 12% higher year over year and 29% sequentially. Mobile revenue is expected to come in at a quarterly record high of $5 million, 127% higher year over year.
"We are excited by the prospect of returning to year-over-year revenue growth in the fourth quarter of 2013," said CEO Geoff Cook in a statement on the pre-announcement news. "The fourth quarter represents an important inflection point for MeetMe, as the combination of mobile growth and web stabilization is now generating overall revenue growth. We believe the mobile monetization infrastructure we built in 2013 will serve us well in 2014 and beyond."
CFO David Clark added, "We are pleased to see mobile emerge as our primary driver of revenue growth. Our expected year-over-year revenue growth is driven primarily by the success of our mobile advertising strategy."
By midmorning Monday, shares had added 9.8% to $4.15.
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