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Although the revenue and EPS for Match Group (MTCH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Match Group (MTCH) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.
Shares of Match Group rallied about 10% in the extended session Tuesday after the online-dating company said it sees a clear path for growth at Tinder, which has been losing users.
Tinder-parent Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, anticipating weak discretionary spending on dating apps as its paying users decline.
DALLAS , July 30, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its second quarter 2024 shareholder letter on the investor relations section of its website at https://ir.mtch.com. As announced previously, the Company will host a conference call tomorrow, Wednesday, July 31, 2024, at 8:30 a.m.
Match Group's (MTCH) second-quarter results will likely reflect strength in Tinder, Hinge and Azar. However, weakening demand in the United States might have been a concern.
The creation of social media has completely changed the way people live. People can text, call, and even Facetime friends and families from the other side of the world within a second.
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.
Starboard Value's plan to boost shareholder value at Match is thoughtful and complex.
The online dating company behind Tinder, Hinge and OkCupid is having a great day after a years-long decline.