Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., paying users down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates
Earnings Preview Claudia Assis / MarketWatch : Match Group stock rallies 14% after company swings to profit, revenue rises 4% Jesse Levine / Bloomberg : Match Surges After Revenue Beats Estimates on Tinder Gains Match Group : Letter to Shareholders — Our Q2 financial and operating results demonstrate Match Group's ability … Threads: Dare Obasanjo / @carnage4life : The trend of having to squeeze more from fewer users continues. Match group saw paying users drop by 5% year over year but revenue is up 4% over the same time. They plan to add a more expensive tier... Twitter: @thetranscript_ : Match Group with a double beat. CEO: “Towards the end of Q1, Tinder introduced new U.S. pricing optimizations, which helped drive incremental revenue growth throughout Q2” $MTCH: +11.2% AH [image] Jessica Bursztynsky / @jbursz : Match Group is benefiting from the launch of more flexible subscription plans. Its cheapest plans for smaller durations have drawn inflation-hit consumers, who are looking to cut discretionary spending. https://www.reuters.com/... Akash Sriram / @hoodieonveshti : Match Group $MTCH forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing to drive user growth. Shares are up about 11% in trading after the bell. https://www.reuters.com/... The company is benefiting from the...