Home > Boards > US Listed > Internet - Information/Portals > MeetMe, Inc. (MEET)

Goodwill impairment $56,428,861 Goodwill impairment is an earnings charge

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
rockman_1892 Member Profile
 
Followed By 0
Posts 17
Boards Moderated 0
Alias Born 03/01/11
160x600 placeholder
MeetMe Launches One-on-One Video Chat to Further Enhance User Safety Business Wire - 7/17/2019 8:04:00 AM
The Meet Group Announces Date of Earnings Release and Conference Call for Second Quarter 2019 Financial Results Business Wire - 7/16/2019 8:00:00 AM
The Meet Group Launches Levels on MeetMe App Business Wire - 7/15/2019 8:03:00 AM
The Meet Group Updates Flagship App with Industry-First Safety Practices Business Wire - 7/9/2019 8:00:00 AM
The Meet Group Announces Participation in Safety Panel Discussion Business Wire - 7/2/2019 8:00:00 AM
The Meet Group Joins the Online Dating Association Business Wire - 7/1/2019 8:30:00 AM
Amended Current Report Filing (8-k/a) Edgar (US Regulatory) - 6/21/2019 5:05:24 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:19:45 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:18:53 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:18:53 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:17:42 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:17:37 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:16:46 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:16:15 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:15:34 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/14/2019 4:15:23 PM
Amended Current Report Filing (8-k/a) Edgar (US Regulatory) - 6/14/2019 4:10:25 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 6/14/2019 4:08:28 PM
The Meet Group Reaffirms its Commitment to Industry Leading User Safety Business Wire - 6/14/2019 3:23:00 PM
The Meet Group Announces New $30 Million Share Repurchase Authorization Business Wire - 6/14/2019 12:36:00 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 6/12/2019 4:35:47 PM
The Meet Group Announces Participation in Upcoming Conferences Business Wire - 6/12/2019 3:04:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/4/2019 4:39:25 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/4/2019 4:38:28 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/4/2019 4:38:12 PM
rockman_1892   Saturday, 03/10/18 12:10:35 PM
Re: None
Post # of 5876 
Goodwill impairment $56,428,861

Goodwill impairment is an earnings charge that companies record on their income statements after they identify that there is persuasive evidence that the asset associated with the goodwill can no longer demonstrate financial results that were expected from it at the time of its purchase. Because many companies acquire other firms and pay a price that exceeds the fair value of identifiable assets and liabilities that the acquired firm possesses, the difference between the purchase price and the fair value of acquired assets is recorded as a goodwill. However, if unforeseen circumstances arise that decrease expected cash flows from acquired assets, their fair value can be lower than what was originally paid for them, and a company must book a goodwill impairment.

... $56 million... #%*!&$

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist