PHILADELPHIA--(BUSINESS WIRE)--
The Meet Group, a fast-growing portfolio of mobile connection apps, has been named one of the 76 fastest growing companies by the Philadelphia Business Journal. Prestigious companies from across the region were selected by revenue growth over a three-year period from 2014 to 2016.
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“Greater Philadelphia’s economy is increasingly diverse and dynamic,” said Philadelphia Business Journal Publisher Sandy Smith. “We consider it a crucial part of our mission to identify and recognize the companies driving our region’s growth.”
The Philadelphia Business Journal crunched the revenue numbers from all public companies who qualified and were headquartered in Greater Philadelphia using Securities and Exchange Commission filings.
“We've had a busy and productive couple of years. We closed two acquisitions in the last 12 months, and look forward to closing our third, of Lovoo, in October,” said Geoff Cook, CEO of The Meet Group. “We have also executed on an aggressive product pipeline, launching Live video on our MeetMe, Skout, and Tagged apps. We’re honored to be included on the Soaring 76, and we’re looking forward to continued growth in 2017 and beyond.”
All 76 companies who made the list will find out their ranking at a special event held at the SugarHouse Casino on Sept. 28, 2017. The Meet Group will also be recognized in a feature report in the Sept. 29, 2017, weekly edition of the Philadelphia Business Journal.
About The Meet Group
The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps designed to meet the universal need for human connection. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5® – let users in more than 100 countries chat, share photos, stream live video, and discuss topics of interest, and are available on iPhone, iPad, and Android in multiple languages. Using innovative products and sophisticated data science, The Meet Group keeps its over 2.5 million mobile daily active users engaged and originates untold numbers of casual chats, friendships, dates, and marriages. The Meet Group offers advertisers the opportunity to reach customers on a global scale and has leading mobile monetization strategies. The Meet Group has offices in New Hope, Pennsylvania, Philadelphia and San Francisco. For more information, visit themeetgroup.com, or follow us on Twitter or LinkedIn.
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 our future rates of revenue growth; whether we will close the Lovoo acquisition as anticipated; and whether we will achieve continued growth in 2017 and beyond. All statements other than statements of historical facts contained herein are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “project,” “is likely,” “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 from those in the forward-looking statements include the risk that our applications will not function easily or otherwise as anticipated, the risk that we will not launch additional features and upgrades as anticipated, the risk that unanticipated events affect the functionality of our applications with popular mobile operating systems, any changes in such operating systems that degrade our mobile applications’ functionality and other unexpected issues which could adversely affect usage on mobile devices. Further information on our risk factors is contained in our filings with the Securities and Exchange Commission (“SEC”), including the Form 10-K for the year ended December 31, 2016 filed with the SEC on March 9, 2017 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2017 filed with the SEC on May 10, 2017. 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.
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