FriendFinder Networks, which bills itself as an social networking and video sharing technology company but is basically a porn and dating site network operator, has just reported its first results for the quarter since it's (not so hot) May IPO, which raised $50 million. It's a mixed bag. Income increased nearly 52 percent year-over-year to $19.7 million, while adjusted EBITDA increased a decent 33 percent to $27.2 million in the same time span.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/55TUoPujPm4/
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