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MEET

Meet Group

$1.94

0.02 (1.04%)

08:03
04/09/18
04/09
08:03
04/09/18
08:03

Meet Group announces rollout of Tagged livestreaming on shared video platform

The Meet Group provided an update on its livestreaming video rollout and key video operating results. "We see momentum in video building," said Geoff Cook, CEO of The Meet Group. "We have begun the rollout of Tagged livestreaming on our shared video platform, and we expect to launch enhanced video monetization on Tagged next month. Additionally, we are ahead of schedule with our plans to bring live video to Lovoo, and we now expect to begin rolling out the feature in a phased approach starting in May. "What's more, we have been setting new all-time highs related to video engagement and monetization across The Meet Group's portfolio: The number of monetizing users continues to increase on MeetMe and Skout. In particular, the number of paid gifters increased 36% in March over February. Gifters buy virtual gifts for livestreamers. Video users as a share of mobile daily active users on MeetMe exceeded 25% for the first time ever last week. Total broadcast time across our shared video platform exceeded 4 million minutes for the first time this week, and total streaming time exceeded 10 million minutes.

  • 21

    May

MEET Meet Group
$1.94

0.02 (1.04%)

11/09/17
JMPS
11/09/17
DOWNGRADE
JMPS
Market Perform
Meet Group downgraded to Market Perform from Outperform at JMP Securities
11/09/17
11/09/17
DOWNGRADE

Market Perform
Meet Group downgraded to Market Perform at JMP Securities
As previously reported, JMP Securities analyst Andrew Boone downgraded Meet Group to Market Perform from Outperform after the company gave lower than expected Q4 revenue guidance and cut its full-year revenue view as he believes ad pricing pressure could be a persistent headwind into 2018. Meet Group was also downgraded to Hold at Canaccord this morning.
11/09/17
ADAM
11/09/17
DOWNGRADE
Target $4
ADAM
Hold
Meet Group downgraded to Hold at Canaccord
As reported previously, Canaccord analyst Michael Graham downgraded Meet Group to Hold from Buy. The analyst said the downgrade reflects the lowered Q4 guidance and the pressure from declining CPM's in the organic advertising business. Graham lowered his price target to $4 from $10 on Meet Group shares.
11/09/17
11/09/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Snap (SNAP) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst Brian Nowak noting that Instagram (FB) competition is only increasing while the company's pending app redesign creates further engagement and execution risks. 2. Square (SQ) downgraded to Neutral from Buy at Citi with analyst Peter Christiansen citing expectations the shares will take a pause following the "strong" third quarter results. 3. Sunoco (SUN) downgraded to Underweight from Neutral at MUFG with analyst Barrett Blaschke citing valuation following the company's third quarter results. 4. Meet Group (MEET) was downgraded to Market Perform from Outperform at JMP Securities and to Hold from Buy at Canaccord. 5. PFSweb (PFSW) was downgraded to Hold from Buy at Craig-Hallum and Canaccord. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

OPBK

OP Bancorp

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MRK

Merck

$58.82

0.18 (0.31%)

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BDORY

Banco do Brasil

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STT

State Street

$99.64

-4.57 (-4.39%)

05:02
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State Street rating change  »

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KORS

Michael Kors

$65.02

-0.7 (-1.07%)

04:57
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Michael Kors rating change  »

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SYRS

Syros Pharmaceuticals

$12.60

-0.47 (-3.60%)

04:55
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Conference/Events
Syros Pharmaceuticals management to meet with Oppenheimer »

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AVEO

Aveo Oncology

$2.59

-0.05 (-1.89%)

04:55
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04/23
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Conference/Events
Aveo Oncology management to meet with B. Riley FBR »

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  • 23

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CIGI

Colliers International

$70.20

0.75 (1.08%)

04:55
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04/23
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Conference/Events
UBS REITs analyst to hold an analyst/industry conference call »

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CNAT

Conatus

$3.58

0.02 (0.56%)

04:55
04/23/18
04/23
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Conference/Events
Conatus management to meet with Oppenheimer »

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  • 23

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KMB

Kimberly-Clark

$100.04

-3.3 (-3.19%)

04:55
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04/23
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04:55
Technical Analysis
Technical Earnings Preview: Kimberly-Clark near 5-year lows ahead of earnings »

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General news
Existing Home Sales to be reported at 10:00 »

March Existing Home Sales…

INFY

Infosys

$17.38

0.21 (1.22%)

04:55
04/23/18
04/23
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Conference/Events
Infosys to host analyst meeting »

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  • 23

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General news
Breaking General news story  »

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MLNX

Mellanox

$75.80

-1.45 (-1.88%)

04:55
04/23/18
04/23
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04:55
Conference/Events
Mellanox management to meet with Loop Capital »

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  • 23

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APVO

Aptevo Therapeutics

$4.33

0.01 (0.23%)

04:55
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04/23
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Conference/Events
Aptevo Therapeutics management to meet with Piper Jaffray »

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  • 23

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General news
PMI Composite Flash â€' Level to be reported at 09:45 »

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IFRX

InflaRx

$38.78

1.67 (4.50%)

04:55
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InflaRx has a conference call hosted by JPMorgan »

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  • 23

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LUK

Leucadia

$24.02

-0.1 (-0.41%)

04:55
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Conference/Events
Leucadia management to meet with Oppenheimer »

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  • 23

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CNK

Cinemark

$39.66

-0.74 (-1.83%)

04:55
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Cinemark management to meet with MKM Partners »

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  • 23

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CRAY

Cray

$22.40

-0.2 (-0.88%)

04:55
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Conference/Events
Cray management to meet with Craig Hallum »

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  • 23

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SNX

Synnex

$103.51

-0.33 (-0.32%)

04:55
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Conference/Events
Synnex management to meet with Loop Capital »

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