FriendFinder Networks First Quarter 2011 Financials

I am a little slow at writing this piece of news but FriendFInder Networks reported their 2011 quarter 1 financial results on June 6th. FFN had $83.5 million in revenue which gave them $19.7 million in income. This is up 52 percent over the same period last year. FFN did end up reporting a loss though which was mainly due to interest payments. Their net loss was $3.7 million for Q1. This net loss was 55 percent less when compared to quarter one in 2010.

During the first quarter in 2011 FriendFinder Networks paid down $14.1 million of their debt which brought the total debt to $543.5 million. This debt was incurred when they purchased Penthouse.

For more information on the 2011 Q1 financial report please read the news release. For more information on their dating sites you can read our review of FriendFinder.com.