Match Group (MTCH) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Match Group (MTCH) reported first-quarter 2024 earnings of 44 cents per share, which increased 4.8% from the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 10%.Revenues of $859.65 million increased 9% year over year and beat the Zacks Consensus Estimate by 0.4%. On a foreign-neutral basis, revenues increased 12% from the prior-year quarter to$ 880 million.Direct revenues were $845.3 million, up 9% year over year, whereas indirect revenues were$ 14.35 million, which increased 13% from ...