Quote:
Originally Posted by Goldmaniacs
Can someone explain this
For the full year 2010, FriendFinder reported a total revenue of $346M and a net loss of $43M. While this was a 5% increase in total revenues from 2009, the net loss also increased by 2%
They went IPO with a net loss?
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No one wants to lend them any more $$, so it was pretty much their only choice...
