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Spark Networks posts 4th-quarter profit of $3.9 million
LOS ANGELES (AP) _ Spark Networks Inc. (LOV) on Thursday reported fourth-quarter net income of $3.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Los Angeles-based company said it had net income of 16 cents. The online dating company posted revenue of $14.3 million in the period.
For the year, the company reported that its loss narrowed to $1.1 million, or 5 cents per share. Revenue was reported as $61.6 million. In the final minutes of trading on Thursday, the company's shares hit $3.64. A year ago, they were trading at $6.
Spark Networks, Inc. 11150 Santa Monica Boulevard Suite 600 Los Angeles, CA 90025 United States - Map Phone: 310-893-0550 Fax: 866-945-5209 Website: http://www.spark.net
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