Shares of Match Group MTCH fell 1.8% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 9.80% year over year to $0.46, which missed the estimate of $0.51.
Revenue of $707,760,000 up by 27.42% year over year, which beat the estimate of $689,330,000.
Looking Ahead
Match Group hasn't issued any earnings guidance for the time being.
Match Group hasn't issued any revenue guidance for the time being.
Recent Stock Performance
Company's 52-week high was at $174.68
52-week low: $100.25
Price action over last quarter: Up 10.30%
Company Description
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in second-quarter 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.