Key TakeawaysMatch Group shares slipped Thursday morning as revenue projections for the fourth quarter fell short of estimates.The owner of Tinder, Hinge, and other dating services beat profit estimates for the third quarter.However, the company said revenue from Tinder was below expectations and said some new features negatively impacted subscription revenue. Shares of online dating giant Match Group (MTCH) tumbled Thursday morning despite a third-quarter earnings beat released after the bell Wednesday. Th ...

For the quarter ended September 2024, Match Group (MTCH) reported revenue of $895.48 million, up 1.6% over the same period last year. EPS came in at $0.51, compared to $0.57 in the year-ago quarter.The reported revenue represents a surprise of -0.54% over the Zacks Consensus Estimate of $900.33 million. With the consensus EPS estimate being $0.46, the EPS surprise was +10.87%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.87%. A quarter ago, it was expected that this media and internet company would post earnings of $0.48 per share when it actually produced earnings of $0.48, delivering no surprise.Over the last four quarters, the co ...

Exhibit 99.1 Letter to Q3 2024 | November 6, 2024 Shareholders Third Quarter 2024 Financial Highlights 1,2 • Total Revenue grew 2% over the prior year quarter to $895 million. On a foreign exchange ("FX") neutral ("FXN") basis, Total Revenue was up 3% over the prior year quarter to $907 million. • RPP increased 5% over the prior year quarter to $19.26. • Operating Cash Flow and Free Cash Flow were $678 million and $635 million, respectively, year-to-date ("YTD") as of September 30, 2024. We have deployed ap ...

DALLAS, Nov. 6, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its third 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, Thursday, November 7, 2024, at 8:30 a.m. Eastern Time (ET) to discuss the results. The live webcast and replay will be open to the public at https://ir.mtch.com.About Match GroupMatch Group (NASDAQ: MTCH), through its portfolio companies, is a leading ...

DALLAS, Oct. 17, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will webcast a conference call to review its third quarter 2024 financial results on Thursday, November 7, 2024, at 8:30 a.m. Eastern Time (ET). After the close of market trading on Wednesday, November 6, Match Group will publish its third quarter results along with supplemental investor materials, which may include certain forward-looking information, at https://ir.mtch.com. The live webcast and replay will be open to the public at https://ir ...

CHICAGO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Chocolate lovers everywhere, rejoice! Portillo's, the fastcasual restaurant concept known for its menu of unrivaled Chicago-style street food, and iconic New York bakery, Milk Bar, have teamed up to create a limited-edition treat – the Portillo's Chocolate Cake Cookie. This rich and fudgey-licious soft baked cookie combines the flavors of Portillo's moist chocolate cake with swirls, pops and chunks of Portillo's iconic fudge frosting, all baked into the perfect Mil ...

Core Insights - Match Group announced the appointment of Steven Bailey as Chief Financial Officer, effective March 1st, 2025, succeeding Gary Swidler who will remain as President [1][2] - The company will host its inaugural Investor Day on December 11th, 2024, in New York City, providing an overview of its long-term vision and growth initiatives [1][2] Leadership Transition - Steven Bailey has been with Match Group since 2012 and has held various leadership roles, including Senior Vice President of Financial Planning & Business Operations [4][5] - CEO Bernard Kim expressed confidence in Bailey's ability to lead the financial functions and drive long-term success for the company [2][5] - Gary Swidler anticipates a smooth transition and looks forward to focusing on broader portfolio strategy [2][5] Investor Day Details - The Investor Day will feature senior leaders discussing Match Group's diverse portfolio, innovative strategies, and commitment to shareholder value [1][2] - The event will be accessible live and via archived replay on the company's website, with limited in-person attendance by invitation only [3]

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New Terms Reflect TikTok and Pop Culture's Impact on Dating in 2025 VANCOUVER, BC, Sept. 25, 2024 /PRNewswire/ -- Dating app Plenty of Fish today revealed its eighth annual list of dating trends, providing singles with new lingo to describe their evolving dating experiences. Following 2024's 'Rizz-Colored Glasses' and 'Canon-Bailing,' this year's list introduces the latest trends poised to shape the dating landscape, and will join Plenty of Fish's existing index of over 60 dating behaviors. When singles fan ...