Match Group forecasts quarterly revenue below estimates as payers continue to slide

Core Insights - Match Group forecasts fourth-quarter revenue below analysts' estimates, highlighting ongoing challenges in its turnaround efforts [1] - The company struggles to convert casual users on Tinder into paying subscribers, which is critical for revenue growth [1] Financial Performance - The revenue forecast for the fourth quarter is expected to be lower than analysts' expectations, indicating potential difficulties in meeting financial targets [1] User Engagement - There are significant challenges in converting casual swipers into paying users, which is essential for the company's growth strategy [1]