Match Group(MTCH)
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Match Group(MTCH) - 2024 Q3 - Quarterly Report
2024-11-08 22:32
As filed with the Securities and Exchange Commission on November 8, 2024 | --- | |-------------------------------------------------------------------------------------| | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | | FORM 10-Q | ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...
Wall Street feels swipe fatigue as Match Group shares tumble, signaling an opening for new dating startups
Business Insider· 2024-11-08 22:06
Stocks for the parent companies of Tinder and Bumble wavered this week after the companies reported earnings.Tinder cautioned investors it expected another drop in paying users in the fourth quarter.A Forbes Health survey this year reported 78% of Americans felt exhausted by dating apps. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favo ...
Match Group's Q3 Earnings Beat Estimates, Revenues Up Y/Y
ZACKS· 2024-11-07 17:51
Match Group (MTCH) reported third-quarter 2024 earnings of 51 cents per share, beating the Zacks Consensus Estimate by 10.87%. The bottom line declined 10.5% compared to the year-ago quarter’s reported figure.Revenues of $895.48 million increased 1.5% year over year and missed the Zacks Consensus Estimate by 0.54%. On an FX-neutral basis, revenues increased 3% from the prior-year quarter to $907 million.Direct revenues were $879.19 million, up 1% year over year, whereas indirect revenues were $16.28 million ...
Match Group(MTCH) - 2024 Q3 - Earnings Call Transcript
2024-11-07 16:03
Match Group, Inc. (NASDAQ:MTCH) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Tanny Shelburne - Senior Vice President, Investor Relations Bernard Kim - Chief Executive Officer Gary Swidler - President and Chief Financial Officer Conference Call Participants Ross Sandler - Barclays Benjamin Black - Deutsche Bank Jason Helfstein - Oppenheimer John Blackledge - TD Cowen Nathan Feather - Morgan Stanley Ygal Arounian - Citigroup Cory Carpenter - JPMorgan Justin Patterson - Key ...
Match Group Stock Slips as Fourth Quarter Outlook Disappoints
Investopedia· 2024-11-07 15:36
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 ...
Here's What Key Metrics Tell Us About Match Group (MTCH) Q3 Earnings
ZACKS· 2024-11-07 00:00
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) Q3 Earnings Beat Estimates
ZACKS· 2024-11-06 23:26
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 ...
Match Group(MTCH) - 2024 Q3 - Quarterly Results
2024-11-06 21:12
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 ...
Match Group Reports Third Quarter 2024 Results
Prnewswire· 2024-11-06 21:11
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 ...
Match Group to Webcast Q3 2024 Earnings Conference Call
Prnewswire· 2024-10-17 20:11
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 ...