BUSINESSWIRE – May 8 – Total Q1 revenue was $11.6M, up 22% YOY. Mobile revenue ($8.2M) represented 71% of total revenue. Adjusted EBITDA was $3.1M, compared to a loss of $500K in Q1 2014. Net income was $722K compared to a net loss of $3.4M in Q1 2014. Mobile monthly users grew 44%. "We believe this significant growth in traffic reflects our success in growing Chat engagement", said CEO Geoff Cook.
The full article was originally published at SeekingAlpha, but is no longer available.
