NasdaqGS:MTCHInteractive Media and Services
Match Group Q4 Beat And Dividend Hike Support Tinder Reset Story
Match Group reported Q4 results that were ahead of expectations and highlighted progress in its ongoing transformation of the business.
The company announced a 5% increase to its quarterly dividend, pointing to continued confidence in cash generation and capital returns.
Management also outlined product changes at Tinder that are intended to support long term sustainability, even if they weigh on near term revenue.
Match Group (NasdaqGS: MTCH) is trading at $28.9, with the share price...