Contributed by: Editor on Tuesday, January 31 2012 @ 03:02 pm
Last modified on Wednesday, May 24 2023 @ 11:52 am
I missed the news release a few months ago but FriendFinder Networks did report their third quarter results for 2011. Revenue for this period was $82.7 million which is down by about $4 million when compared to the same quarter in 2010. A net loss of $5.4 million was reported. This is due in large part to paying interest expense of over $21 million on their outstanding principal debt of $491.8 million.
New subscribers and renewals were reported to be down in Europe but no exact numbers were given.
For more information on the 2011 Q3 financial report please read the news release. For more information on some of FFN dating sites you can read our FriendFinder.com review and our Asia FriendFinder review.
Related Story: FriendFinder Networks Second Quarter 2011 Financials