Spark Networks 1Q 2007 Financial Results

by David Evans on June 21, 2007   in Finance

Reported revenue for the first quarter of 2007 was $16.8 million, which was flat compared to the same period in 2006.

The Company reported a net loss of $(2.0) million.

Average paying subscribers(2) for the Company, as a whole, in the first quarter of 2007 were approximately 231,313, compared to 230,641 from the same period in 2006.

They continue to let American Singles die off. The Company reported first quarter 2007 revenue for its AmericanSingles segment of $4.3 million, a decrease of 32% compared to $6.3 million in the same period in 2006.

Average paying subscribers for the Company’s JDate segment were 75,211 during the first quarter of 2007, compared to 75,316 from the same period in 2006.

Average paying subscribers for the Company’s Other Businesses segment were 94,482 during the first quarter of 2007, an increase of 45% compared to 65,002 from the same period in 2006.

Read the press release@Yahoo.

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