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Match Group (MTCH) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-01-30 23:51
Match Group (MTCH) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 65.31%. A quarter ago, it was expected that this media and internet company would post earnings of $0.53 per share when it actually produced earnings of $0.57, delivering a surprise of 7.55%.Over the last four quarters ...
Match Group Reports Fourth Quarter 2023 Results
Prnewswire· 2024-01-30 21:11
DALLAS, Jan. 30, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its fourth quarter 2023 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, January 31, 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 Group Match Group (NASDAQ: MTCH), through its portfolio companies, is a le ...
Tinder owner Match tipped to raise outlook after App Store tweak
Proactive Investors· 2024-01-30 17:11
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Match Group (MTCH) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-01-29 17:16
Match Group (MTCH) is slated to report fourth-quarter 2023 results on Jan 30.Match Group expects fourth-quarter 2023 revenues of $855-$865 million, indicating 9-10% year-over-year growth.The Zacks Consensus Estimate for revenues is currently pegged at $862.05 million, indicating growth of 9.7% from the year-ago quarter.For the fourth quarter of 2023, the Zacks Consensus Estimate for earnings is pegged at 49 cents per share, which has remained unchanged in the past 30 days. The figure indicates growth of 63. ...
Insights Into Match Group (MTCH) Q4: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-01-29 15:21
Wall Street analysts expect Match Group (MTCH) to post quarterly earnings of $0.49 per share in its upcoming report, which indicates a year-over-year increase of 63.3%. Revenues are expected to be $862.05 million, up 9.7% from the year-ago quarter.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a comp ...
Match Group (MTCH) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-01-23 16:08
Wall Street expects a year-over-year increase in earnings on higher revenues when Match Group (MTCH) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 30 ...
Activist Elliott spots an opportunity to restore growth at Match. Here's what may happen next
CNBC· 2024-01-13 11:54
Business: Match Group provides dating products worldwide. Their portfolio of brands includes Tinder, Match, The League, Azar, Meetic, OkCupid, Hinge, Pairs, Plenty Of Fish and Hakuna, as well as various other brands. Their services are available in over 40 languages to users all over the world.Activist Commentary: Elliott is a very successful and astute activist investor. The firm's team includes analysts from leading tech private equity firms, engineers, operating partners – former technology CEOs and COOs ...
Match Group's activist investor, Tinder CEO should attract investors in 2024: analysts
Proactive Investors· 2024-01-10 14:56
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Match Group Appoints Faye Iosotaluno Chief Executive Officer of Tinder
Prnewswire· 2024-01-09 21:10
DALLAS, Jan. 9, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced that Faye Iosotaluno, who currently serves as Chief Operating Officer of Tinder, has been appointed Tinder's Chief Executive Officer, effective immediately. Iosotaluno will continue to report to Bernard Kim, Match Group CEO.  Faye Iosotaluno, CEO of Tinder Iosotaluno is a proven technology executive with a deep understanding of both the Tinder and Match Group businesses, having worked in various strategy, operational and lea ...
Why Match Group Stock Popped Today
The Motley Fool· 2024-01-09 20:04
Shares of Match Group (MTCH 2.52%) climbed as much as 12% early Tuesday, then settled to trade up around 2% as of 2:45 p.m. ET after The Wall Street Journal reported activist investor Elliott Investment Management has amassed a roughly $1 billion stake in the company. That's a massive stake considering Match Group's entire market cap stands around $10.5 billion as of this writing.Do Elliott and Match make a perfect pair?The owner of Tinder, Hinge, and its namesake online dating website, Match has struggled ...