Match Group (MTCH) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.57 per share a year ago.
Match Group forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for its dating apps as customers cut back on discretionary spending.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Match Group (MTCH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Match Group (MTCH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tinder-parent Match Group on Monday named Steven Bailey as its new finance chief, effective March 1, 2025, succeeding Gary Swidler.
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Both Bumble and Match Group present compelling investment opportunities in the online dating market. Match Group's competitive strength is underscored by its popular apps, Tinder and Hinge. Match Group's core app Tinder, which accounts for ~70% of revenue, shows signs of improving momentum, with expected growth in payers by early 2025.
Match Group Inc. MTCH — the owner of dating app services Tinder, Hinge, and OkCupid — has just seen its stock make a significant technical move.
Match Group, Inc. MTCH reported better-than-expected second-quarter revenue results and issued strong third-quarter revenue guidance, after the closing bell on Tuesday.
Match Group's (MTCH) second-quarter results benefit from strength in Tinder and Hinge despite sluggish growth in total payers.
Match Group, Inc. (NASDAQ:MTCH ) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Tanny Shelburne - Senior Vice President, Investor Relations Bernard Kim - Chief Executive Officer Gary Swidler - President and Chief Financial Officer Conference Call Participants Nathan Feather - Morgan Stanley Jason Helfstein - Oppenheimer Youssef Squali - Truist Securities Dan Salmon - New Street Research Ken Gawrelski - Wells Fargo Chris Kuntarich - UBS Justin Patterson - KeyBanc Cory Carpenter - JPMorgan Ygal Arounian - Citigroup Shweta Khajuria - Wolfe Research Benjamin Black - Deutsche Bank Curtis Nagle - Bank of America Operator Welcome to the Match Group Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Match Group announced Tuesday that it has discontinued livestreaming services in its dating apps, resulting in a 6% reduction in workforce. The news was delivered during the dating app giant's second quarter earnings report.