Match Group (MTCH) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Match Group (MTCH) reported fourth-quarter 2023 earnings of 81 cents per share, which jumped from 30 cents per share reported in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 65.3%.Revenues of $866.23 million increased 10% year over year and beat the Zacks Consensus Estimate by 0.6%.Direct revenues were$ 850.76 million, up 10% year over year, whereas indirect revenues were $15.47 million, which increased 3% from the year-ago quarter.Top-line growth was driven by strength in Tind ...