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On October 27, 2020, Spark Networks SE (NYSE: LOV) announced that its senior management will present at the JMP Securities Small-Cap Technology Forum on November 10, 2020, at 10:00 am EST. This virtual event highlights high-growth, small-cap public companies in various sectors, including software and digital media. A webcast of the discussion will be available on Spark Networks' investor relations page. The company is known for its premium dating brands like Zoosk and EliteSingles, with approximately one million monthly paying subscribers globally.
Spark Networks SE (NYSE: LOV), a major online dating company, announced management participation in the Sidoti & Company Fall 2020 Virtual Investor Conference on September 24 at 4:00 PM ET. The event will include virtual investor meetings throughout the day. Following the conference, a webcast of the presentation will be available on the company's investor relations website. Spark Networks is known for premium dating brands like Zoosk and EliteSingles, boasting around one million monthly paying subscribers globally, with its headquarters in Berlin.
Spark Networks SE (NYSE American: LOV) reported strong financial results for the first half of 2020, with revenue of €103.4 million, a substantial increase from €49.2 million in H1 2019, driven by the integration of Zoosk. The company improved its net loss to €0.4 million, marking a €4.5 million enhancement year-over-year. Adjusted EBITDA surged to €17.1 million, a €13.3 million increase from H1 2019. Furthermore, the company raised its full-year 2020 revenue guidance to $224-$228 million and Adjusted EBITDA to $34-$36 million, showcasing resilience amid the pandemic.
Spark Networks SE (NYSE: LOV) announced preliminary revenue of $114 million for the first half of 2020, surpassing expectations of $110 to $112 million. The company has raised its full-year revenue guidance to a range of $224 to $228 million, compared to previous guidance of $212 to $220 million. Adjusted EBITDA is also forecasted to increase to $34 to $36 million, up from $30 to $34 million. This growth reflects confidence in Spark's resilience during the COVID-19 pandemic and its execution of the 2020 plan.
Spark Networks SE (NYSE: LOV) announced the appointment of Chelsea Grayson and Eric Eichmann to its Board of Directors, effective July 29, 2020. David Khalil, Chairman of the Board, emphasized their expertise in advancing the company's growth strategies. Grayson, a former CEO of True Religion, brings experience in brand development and governance, while Eichmann, the current CEO, has a strong background in technology and leadership from previous roles at Criteo and Living Social. Both leaders are expected to enhance shareholder value through strategic decisions in the dating industry.
Spark Networks (NYSE: LOV) will report its first half 2020 financial results on August 27, 2020, during an earnings conference call at 8:00 AM Eastern Time. The call will provide an overview of financial results and the company's outlook for the remainder of the year. Spark Networks, a major player in the dating industry, boasts a portfolio of popular dating apps like Zoosk and EliteSingles and has around one million monthly paying subscribers globally. Investors can access the call via phone or listen to a replay afterwards.