FriendFinder Sees Slip in Revenue in 1st Quarter

SUNNYVALE, Calif. — FriendFinder Networks Inc. reported revenue slipping to $81.1 million in the first quarter of the year, down $2.4 million from the same time last year.

But the adult social networking company, which also owns the Penthouse empire, said some key sectors of its business are seeing improved numbers, including live chat which saw revenue increasing 14.1 percent from last year's first quarter.

The company also saw new adult website subscriptions rising 2.5 percent over the past year and 12.6 percent increase from the previous quarter.

Current FriendFinder Networks CEO Marc Bell said he's optimistic about the company's long-term prospects with publication of the company's first quarter earnings statement, which showed figures through March 31 (Anthony Previte, current company president and COO, will transition to the CEO role effective July 1).

"Our current efforts are focused on building brand equity, subscriber retention and acquiring new subscribers to FriendFinder Networks," Bell said. "To support these initiatives and to position FriendFinder Networks for growth, we have increased our customer acquisition costs in a meaningful way."

The Sunnyvale, Calif., company reported less gross profit ($48.5 million) in the quarter after it increased affiliate spending.

"Put into action in January, I am pleased to report that these actions resulted in an increase in new adult subscribers for the first time in six quarters. Additionally, conversion rates increased marginally year over year for both our adult and general audience websites, a trend we expect to continue throughout the year."

FriendFinder Networks said the decline in first-quarter revenue was due to a decrease in overall traffic and "challenges" in Europe which offset the impact of new subscriber growth. The company reported a first-quarter net loss of $21.5 million, wider than the net loss of $3.7 million in the same period last year.  

The company said it continues to work with debt holders on some lien notes. As of March 31, the company had outstanding principal debt of $497.7 million.

FriendFinder Networks operates AdultFriendFinder.com, Amigos.com, AsiaFriendFinder.com, Cams.com, FriendFinder.com, BigChurch.com and SeniorFriendFinder.com, among others. FriendFinder Networks also produces and distributes original video content and engages in brand licensing. Previte, in a conference call, said that the company plans on relaunching AsianFriendFinder.com in the second quarter.

FriendFinder Networks, which trades publicly on the Nasdaq, was down seven cents to $1 a share. The company had its initial public offering last May at $10 a share.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

British Documentary Spotlights XBIZ Amsterdam With Candid Conversations

British creator and host Josh Pieters traveled to XBIZ Amsterdam to film a documentary about the annual European adult industry conference.

XBIZ 2026 to Debut 'New Talent Go-See' Special Event

XBIZ 2026, North America’s premier adult industry conference, will debut a special event designed to help new talent jump-start their careers: the New Talent Go-See.

Penthouse Announces Digital Archive Launch

Penthouse Magazine has announced that it will launch a comprehensive digital archive in 2026.

Dreamcam Joins Pineapple Support as Supporter-Level Sponsor

Dreamcam has joined the ranks of over 70 adult businesses and organizations committing funds and resources to Pineapple Support.

AEBN Publishes Popular Searches by Country for August, September

AEBN has released the list of popular searches from its straight and gay theaters by country in August and September.

AV in Focus: A Guide to Unlocking Compliance With Clarity

The age verification era isn’t coming — it’s here. Laws are already on the books in numerous U.S. states, as well as in the U.K., France and beyond.

Canadian Privacy Commissioner Endorses National AV Bill

Philippe Dufresne, privacy commissioner of Canada, has voiced support for a bill that would impose fines of up to $500,000 on adult sites that do not implement age verification for Canadian viewers.

Ricky Johnson Launches 'Ricky's Resort' Through YourPaysitePartner

Ricky's Room studio honcho Ricky Johnson has launched his latest site, RickysResort.com, through YourPaysitePartner (YPP).

Industry Attorney Paul Cambria Retires After 50 Years of Practicing Law

After more than a half-century in practice, during which he provided the defense in some of the adult industry's most notable legal cases, attorney Paul Cambria has retired.

2026 XMA Nominations Party Set for Nov. 19 in Hollywood

The 2026 XMA nominations reveal party will take place at Keys on the Sunset Strip on Wednesday, Nov. 19, with red-carpet arrivals starting at 8 p.m.

Show More