FriendFinder Networks Second Quarter 2012 Financials
- Thursday, August 23 2012 @ 05:46 pm
- Contributed by: Editor
- Views: 1,359
FriendFinder Networks (FFN) released their second quarter 2012 financial results earlier this month. For the months April, May and June FriendFinder earned $81.1 million in revenue. Gross profit for this period was $53 million which makes income from operations just shy of $13 million. Unfortunately when you take interest expense into account and the closure of JigoCity (cost of $3 million) the net loss for quarter 2 is $10.5 million.
FFN adult websites had a total of just 8.7 million members and their general audience websites had 1.1 million members during the second quarter of 2012. Conversion of members to subscribers was 4.5% for adult sites and 2.1% for general sites. Total subscribers for adult sites was 794,680 and 38,611 for general sites.
For further details on the quarter 2 2012 financial report please read the news release. For more information on some of FFN dating sites you can read our review of Asia FriendFinder and our review of Passion.com.
Related Story: FriendFinder Networks First Quarter 2012 Financials
FFN adult websites had a total of just 8.7 million members and their general audience websites had 1.1 million members during the second quarter of 2012. Conversion of members to subscribers was 4.5% for adult sites and 2.1% for general sites. Total subscribers for adult sites was 794,680 and 38,611 for general sites.
For further details on the quarter 2 2012 financial report please read the news release. For more information on some of FFN dating sites you can read our review of Asia FriendFinder and our review of Passion.com.
Related Story: FriendFinder Networks First Quarter 2012 Financials
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