Bumble ( BMBL ) shares surged 26+% after the company reported earnings for the March quarter, beating estimates on revenue and operating income. Moreover, Bumble management highlighted plans for OPEX discipline, planning for $35 million worth of cost savings by the end of 2025. WithExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market ...

For the quarter ended March 2025, Match Group (MTCH) reported revenue of $831.18 million, down 3.3% over the same period last year. EPS came in at $0.67, compared to $0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $827.91 million, representing a surprise of +0.39%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.67.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Financial Data and Key Metrics Changes - Match Group's total revenue for Q1 was $831 million, down 3% year over year, and down 1% year over year on an FX neutral basis [27] - Adjusted operating income (AOI) for the quarter was $275 million, down 2% year over year, representing a margin of 33% [33] - Operating income (OI) was $173 million, down 7% year over year, with an OI margin of 21% [33] Business Line Data and Key Metrics Changes - Tinder's direct revenue was $447 million, down 7% year over year, with payers declining 6% to 9.1 million [27][28] - Hinge's direct revenue grew 23% year over year to $152 million, with payers increasing 19% to 1.7 million [28][29] - E and E's direct revenue was $149 million, down 12% year over year, with payers declining 16% to 2.4 million [30] Market Data and Key Metrics Changes - Tinder's monthly active users (MAUs) declined 9% year over year in Q1 [28] - Match Group Asia's direct revenue was $64 million, down 11% year over year [31] - Across Match Group Asia, payers increased 5% year over year to 1 million [32] Company Strategy and Development Direction - The company is evolving from a collection of independently managed brands into a unified product-led organization [8] - A planned 13% reduction in workforce aims to achieve over $100 million in annualized savings [9] - Focus on product innovation and user outcomes, with significant investments in AI and new features [10][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving margin goals while investing for growth despite macroeconomic challenges [38] - The company is prepared to take pricing or merchandising actions to mitigate impacts from potential economic downturns [70] - Management emphasized the importance of trust and safety initiatives to improve user perception and engagement [100] Other Important Information - The company plans to launch new features like AI-enabled discovery and double dating to enhance user experience [14][17] - Management highlighted the importance of reducing operational silos to improve efficiency and speed [10] Q&A Session Summary Question: How is the company balancing investment and efficiencies? - Management stated that the cost reductions will allow for reinvestment in international expansion and product development [44] Question: What are the priorities for the company moving forward? - Management emphasized the need to operate as one unified organization and to grow the Tinder audience while supporting Hinge's growth [50] Question: What is the outlook for Tinder's paying user trajectory? - Management does not expect payer trends to grow this year, focusing instead on improving MAU trends through product innovation [77] Question: What is the impact of App Store changes? - Management is encouraged by recent court decisions allowing link outs to web purchases, which could save significant fees [66] Question: How is the overall health of the online dating industry? - Management acknowledged challenges in the industry but believes that innovation and prioritizing user outcomes can drive improvement [100]

Financial Data and Key Metrics Changes - Match Group's total revenue for Q1 was $831 million, down 3% year over year, and down 1% year over year on a foreign exchange neutral basis [24] - Adjusted operating income (AOI) for the quarter was $275 million, down 2% year over year, representing a margin of 33% [31] - Operating income (OI) was $173 million, down 7% year over year, with a margin of 21% [31] Business Line Data and Key Metrics Changes - Tinder's direct revenue was $447 million, down 7% year over year, with payers declining 6% to 9.1 million [24][25] - Hinge's direct revenue increased by 23% year over year to $152 million, with payers growing 19% to 1.7 million [26] - E and E's direct revenue was $149 million, down 12% year over year, with payers declining 16% to 2.4 million [28] Market Data and Key Metrics Changes - Match Group Asia's direct revenue was $64 million, down 11% year over year, with payers increasing 5% to 1 million [29][30] - Indirect revenue reached a record high, up 31% year over year, driven by increased spending from top advertisers [24] Company Strategy and Development Direction - The company is transitioning from a collection of independently managed brands to a unified product-led organization to enhance innovation and user outcomes [6][8] - A planned 13% workforce reduction aims to achieve over $100 million in annualized savings, allowing for reinvestment in growth initiatives [7][40] - The focus is on international expansion, with Hinge launching in Brazil and Mexico, and The League entering the Middle East and India [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving margin goals despite macroeconomic challenges, emphasizing a resilient subscription revenue model [35][64] - The company is prepared to take pricing or merchandising actions to mitigate potential impacts from economic downturns [64] - Management highlighted the importance of trust and safety initiatives to improve user perception and engagement [95] Other Important Information - The company plans to maintain its commitment to return 100% of free cash flow to shareholders through share buybacks and dividends [33] - The restructuring efforts are expected to enhance product execution and accelerate innovation, positioning the company for long-term growth [38] Q&A Session Summary Question: How is the company balancing investment and efficiencies? - The company announced deep cuts to create a more nimble organization while reinvesting savings into international expansion and product development [39][40] Question: What are the priorities for the company moving forward? - The CEO emphasized operating as one unified Match Group, growing Tinder's audience, and supporting Hinge's growth in the intentional dating category [42][46] Question: What is the outlook for Tinder's paying user trajectory? - Management does not expect payer trends to grow this year, anticipating continued declines at a stable rate until product innovations yield results [70] Question: How is the company addressing potential macroeconomic impacts? - The company is monitoring early signs of weakening trends and is prepared to adjust pricing and marketing strategies accordingly [64][65] Question: What is the health of the online dating industry? - The online dating category faces challenges primarily due to a lack of innovation, but the company believes it can drive improved momentum through product innovation [95]

Q1 2025 Supplemental Materials May 8, 2025 February X, 2025 Disclosures and Definitions Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures in addition to financial measures presented in accordance with U.S. GAAP. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. See pages 19-33 for a reconciliation of the non-GAAP financial measures to their most compa ...

New CEO Spencer Rascoff Drives Increased Product Velocity and Organizational Discipline – Positioning Match Group for $100M+ in Annualized SavingsLOS ANGELES, May 8, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced financial results for the first quarter ended March 31, 2025. "In my first full quarter as CEO, we've moved quickly to reinvigorate the business and this quarter's results show early traction," said Spencer Rascoff, CEO of Match Group. "In just a few months, we've unlocked signifi ...

Bumble (BMBL) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Will Taveras - Investor RelationsWhitney Wolfe Herd - Founder, CEO & DirectorRonald Fior - Interim CFOYgal Arounian - Director - Internet Equity ResearchShweta Khajuria - Managing DirectorEric Sheridan - Managing DirectorNathan Feather - Equity Research AssociateAndrew Marok - DirectorBenjamin Black - Co-Head Internet Equity ResearchLogan Whalley - VP - Equity Research Operator Hello, everybody, and welcome to the Bumble First ...

Bumble (BMBL) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Hello, everybody, and welcome to the Bumble First Quarter twenty twenty five Financial Results Conference Call. My name is Elliot, and I'll be your coordinator for today. I would now like to hand over to Walter Verres, Investor Relations. Please go ahead. Speaker1 Thank you for joining us to discuss Bumble's first quarter twenty twenty five financial results. With me today are Bumble's Founder and CEO, Whitney Wolferd and Interim CFO, Ron ...

Q1 2025 Earnings Supplemental Presentation May 2025 Forward-Looking Statements This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements reflecting the current views of management of Bumble Inc. with respect to, among other things, our operations, our financial performance, our industry and our business and other non-historical statements, including without limi ...

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- TransGlobal Assets Inc. (OTC: TMSH), a forward- focused technology incubator, is pleased to announce that it has officially prioritized the development and pre- market rollout of DateGuard, its flagship social and dating application. Built with a next-generation focus on user safety, transparency, and AI-driven compatibility, DateGuard represents a major leap in TMSH's evolution into a technology-first portfolio company. Introducing DateGuard: Where Safety Meets Sma ...