Match Group (MTCH) Q2 Earnings Meet Estimates, Revenues Up Y/Y

Match Group (MTCH) reported second-quarter 2024 earnings of 48 cents per share, in line with the Zacks Consensus Estimate. The bottom line remained flat compared to the year-ago quarter's reported figure. Revenues of $864.07 million increased 4% year over year and beat the Zacks Consensus Estimate by 0.9%. On a FX-neutral basis, revenues increased 8% from the prior-year quarter to $892 million. Direct revenues were $848.13 million, up 4% year over year, whereas indirect revenues were $15.93 million, which i ...