Announcement • May 07
Match Group, Inc. Provides Earnings Guidance for the Three Months Ended June 30, 2026 Match Group, Inc. provided earnings guidance for the three months ended June 30, 2026. For the quarter, the company expects Total Revenue of $850 to $860 million, down 2% to flat Y/Y. Net income attributable to Match Group, Inc. shareholders to be $160 to $165 million. Net Income Margin (at the mid-point of the ranges) to be 19%. Announcement • May 04
Match Group, Inc., Annual General Meeting, Jun 16, 2026 Match Group, Inc., Annual General Meeting, Jun 16, 2026. Announcement • Apr 15
Match Group, Inc. to Report Q1, 2026 Results on May 05, 2026 Match Group, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 05, 2026 Announcement • Mar 06
Match Group, Inc. Announces Elimination of Chief Operating Officer Role and Transition of Hesam Hosseini, Effective June 2, 2026 Match Group, Inc. informed Hesam Hosseini, the Company's Chief Operating Officer and Chief Executive Officer, Evergreen & Emerging Brands, that the Company's Chief Operating Officer role was being eliminated, effective June 2, 2026. As a result, after further discussions with the Company and after over 15 years with the Company, Mr. Hosseini has decided to transition from the Company as of the effective June 2, 2026. Announcement • Feb 17
Match Group, Inc. Announces Board Changes Match Group, Inc. announced that Pamela Seymon has decided to step down from the Board, effective as of the 2026 Annual Meeting. Match Group board member Sharmistha Dubey has decided not to stand for reelection at the 2026 Annual Meeting. Announcement • Jan 14
Match Group, Inc. to Report Q4, 2025 Results on Feb 03, 2026 Match Group, Inc. announced that they will report Q4, 2025 results After-Market on Feb 03, 2026 Announcement • Dec 10
Match Group Announces Board Appointments Match Group announced that CEO Spencer Rascoff will join its Board of Directors, and Overtone Founder and CEO Justin McLeod will be its Chairman. McLeod, who founded Hinge in 2011, will remain an advisor to Hinge through March to support the transition. His new company, Overtone, will build on his longstanding commitment to responsible, human-centered technology to support people seeking deeper relationships. Announcement • Nov 29
Match Group, Inc. Appoints Darrell Cavens as A New Director Match Group's Board of Directors will appoint e-commerce executive Darrell Cavens as a new Director in connection with the 2025 annual meeting, the company said. Cavens' appointment follows a deliberate and thorough search process, reflecting Match Group's continuous approach to board refreshment. With this appointment, Match Group further strengthens the board's depth of expertise in digital commerce, consumer engagement, and technology-driven innovation. Darrell Cavens brings nearly 20 years of leadership experience in e-commerce and technology-driven businesses. As co-founder and CEO of Zulily, he successfully led the company from inception to its public offering, as well as completing MA transactions and liquidity events. His strategic insights into online retail, innovation, and technology infrastructure will be a valuable asset to Match Group as the company advances its strategy. Previously, Cavens also held leadership positions at Qurate Retail and Microsoft, as well as serving as chief technology officer and senior vice president, Marketing at Blue Nile, where he played a key role in scaling the company into the largest online diamond retailer. He brings to Match Group a strong background in online retailing, technology and data analytics. In addition to his executive leadership roles, he serves on the board of Tapestry (parent company of Coach, Kate Spade New York, and Stuart Weitzman) and Brooks Running, a subsidiary of Berkshire Hathaway, bringing extensive governance experience across consumer retail, technology, and e-commerce sectors. Match Group also announced that it will seek stockholder approval at its upcoming annual meeting to declassify the board. The company's directors are currently dividend into three classes, with the members serving staggered three-year terms. The declassification proposal will be detailed in the company's 2025 proxy statement, which will be filed with the Securities and Exchange Commission in advance of the company's upcoming annual meeting. Announcement • Oct 22
Match Group and Its Flagship App Tinder to Expand Facial Verification Feature Across the U.S., Setting A New Standard for Dating Safety Match Group and its flagship app, Tinder, announced the U.S. rollout of Face Check, a first-of-its-kind facial verification feature that helps confirm users are real and match their profile photos. Face Check is now required for all new users in seven countries and the state of California, and will roll out to additional U.S. states in the coming months as part of Tinder's next phase of safety innovation aimed at building greater trust, reducing impersonation, and redefining authenticity in dating.With Face Check, Tinder becomes the first major dating app to integrate mandatory facial liveness verification directly into the onboarding experience, marking an important step toward building a more secure and trustworthy platform for people to connect. How it works: New members complete Face Check by taking a short video selfie within the app. The system helps confirm, a) That the person is real and physically present and b) That their face matches the one shown in their profile photos. If the scanned face matches a profile photo, members receive Tinder's Photo Verified badge, signaling to others that they have been authenticated. Face Check also detects when the same face is used across multiple accounts, adding an additional layer of protection against impersonation and fake profiles. Face Check has already been launched in Colombia, Canada, Australia, India, and several countries across Southeast Asia, and plans continue rolling out globally in markets where local regulations permit. When coupled with other recent safety initiatives, early results have shown meaningful improvements in user safety and confidence, such as: Over 60% decrease in exposure to potential bad actors, Over 40% decrease in bad actor reports,Meaningful improvements in users' reported perceptions of authenticity and trust . These results highlight how Tinder's investment in next-generation safety innovation is reshaping what users can expect from dating apps, using technology, design, and accountability to make every connection more authentic and every experience more secure. Announcement • Oct 15
Match Group, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Match Group, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 04, 2025 Announcement • Jul 16
Match Group, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Match Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Announcement • May 22
Match Group, Inc. (NasdaqGS:MTCH) acquired Bloomer Inc. Match Group, Inc. (NasdaqGS:MTCH) acquired Bloomer Inc. on May 20, 2025.
Match Group, Inc. (NasdaqGS:MTCH) completed the acquisition of Bloomer Inc. on May 20, 2025. Announcement • Apr 30
Match Group, Inc., Annual General Meeting, Jun 18, 2025 Match Group, Inc., Annual General Meeting, Jun 18, 2025. Announcement • Apr 29
Match Group Announces the Addition of Kelly Campbell to Its Board of Directors Match Group announced its Board of Directors will add Kelly Campbell, the former president of NBCUniversal's Peacock, as a new director to its Board in connection with the 2025 Annual Meeting. With the election of Campbell at the Annual Meeting, over one third of the directors of Match Group will be new to the board over the past year. As a part of Match Group and Anson Funds' constructive engagement, Match Group and Anson Funds have entered into an information sharing agreement to facilitate ongoing collaboration. Match Group looks forward to continuing to engage with Anson Funds and all its stockholders as it continues to execute on its transformation and prioritize sustainable growth and long-term value creation. In connection with announcement, Anson Funds has agreed to withdraw its director nominations and proposal to declassify the Board. Campbell most recently served as President of Peacock, where she was responsible for growing NBCUniversal's streaming business and leading the platform's go-forward strategy. During her tenure, Peacock achieved record growth, supported by marquee experiences like Peacock's Paris Olympics hub and the first ever exclusive streaming of an NFL playoff game. She previously served as President of Hulu, where she led its subscription and live TV streaming businesses and oversaw its integration into Disney. Campbell also brings a deep understanding of brand, technology, and global marketing from her 12-year tenure at Google. Announcement • Apr 17
Match Group, Inc. to Report Q1, 2025 Results on May 08, 2025 Match Group, Inc. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Announcement • Apr 08
Match Group to Appoint Darrell Cavens as Director to its Board of Directors Match Group, Inc. announced its board of directors (the ‘Board’) will appoint seasoned e-commerce executive Darrell Cavens as a new director in connection with the 2025 annual meeting. Cavens' appointment follows a deliberate and thorough search process, reflecting Match Group's continuous approach to Board refreshment. With this appointment, Match Group further strengthens the Board's depth of expertise in digital commerce, consumer engagement, and technology-driven innovation. Darrell Cavens brings nearly 20 years of leadership experience in e-commerce and technology-driven businesses. As co-founder and CEO of Zulily, he successfully led the company from inception to its public offering, as well as completing M&A transactions and liquidity events. His strategic insights into online retail, innovation, and technology infrastructure will be a valuable asset to Match Group as the company advances its strategy. Previously, Cavens also held leadership positions at Qurate Retail and Microsoft, as well as serving as Chief Technology Officer and Senior Vice President, Marketing at Blue Nile, where he played a key role in scaling the company into the largest online diamond retailer. He brings to Match Group a strong background in online retailing, technology and data analytics. In addition to his executive leadership roles, he serves on the Board of Tapestry (parent company of Coach, Kate Spade New York, and Stuart Weitzman) and Brooks Running, a subsidiary of Berkshire Hathaway, bringing extensive governance experience across consumer retail, technology, and e-commerce sectors. Announcement • Mar 13
Anson Funds Plans to Nominate Director Candidates to Match Group On March 11, 2025, Anson Funds announced that it is gearing up for a boardroom fight at Match Group Inc and plans to nominate directors to the Company's 10-member board. Anson Funds stated that it is pushing the Company for changes in capital allocation, cost-cutting, and a strategic review of Company's MG Asia business, and concerns raised include governance issues and high executive turnover, with 4 CEOs in 5 years, and Anson Funds mentioned that Company’s board, led by new CEO Spencer Rascoff, emphasizes commitment to good governance and shareholder value. In addition, Anson Funds stated that despite incremental changes from past meetings, Anson remains dissatisfied with the pace of reform, and over the last year, Anson and the Company have held meetings, and the company has made some changes, including holding an investor day and agreeing to return capital, suggested by investors including Anson. Announcement • Mar 03
Match Group Announces Executive Changes Match Group announced the promotion of Hesam Hosseini to Chief Operating Officer, effective April 1. After a decade in senior leadership roles at the company, Gary Swidler will step down as President on that date and continue as an advisor to the company until July 4, 2025, as part of a thoughtfully planned transition. Hosseini, a seasoned leader within Match Group, brings extensive experience driving transformation and operational excellence across the company's global portfolio. Hosseini currently serves as CEO of Evergreen & Emerging Brands, where he has built a dynamic testing ground for new features and products at scale, strengthening Match Group's portfolio and driving long-term growth. In his new role, Hosseini will focus on driving growth and execution across the company while retaining oversight of the Evergreen & Emerging business unit and Match Group Trust & Safety. Additionally, he will now lead Corporate Development, Corporate Strategy, and the advertising sales team. Since initially joining Match Group in 2008, he has held multiple leadership roles, including CEO of Match and Match Affinity, CEO of Plenty of Fish, General Manager of New Initiatives, and General Manager of Match International. Hesam will be appointed Chief Operating Officer of Match Group on April 1, where he will focus on driving growth and execution across the portfolio, while overseeing Corporate Development, Corporate Strategy, Match Group Trust & Safety, the Evergreen & Emerging business unit, and the advertising sales team.Hesam currently serves as CEO of Evergreen & Emerging Brands. Throughout his long tenure at Match Group, Hesam has worked across a wide range of roles and brands, with one constant: a deep passion for the company's mission of fostering meaningful connections. Since initially joining Match Group in 2008, he has held multiple leadership roles, including CEO of Match and Match Affinity, CEO of Plenty of Fish, General Manager of New Initiatives, and General Manager of Match International. Most recently, as CEO of Evergreen & Emerging Brands, he spearheaded innovation at scale by launching and expanding new products that have strengthened Match Group's global portfolio and driven long-term growth. Hesam transformed Emerging Brands into a significant business, while also driving multiple strategic acquisitions and seamlessly integrating those companies into Match Group's portfolio. Prior to joining Match Group, Hesam held various management roles at technology startups and served as a consultant with McKinsey & Company. Hesam holds an undergraduate degree in business administration from the University of Western Ontario. Announcement • Jan 17
Match Group, Inc. to Report Q4, 2024 Results on Feb 04, 2025 Match Group, Inc. announced that they will report Q4, 2024 results After-Market on Feb 04, 2025 Announcement • Dec 11
Match Group, Inc. Announces Initiation of Quarterly Cash Dividend, Payable on January 21, 2025 Match Group, Inc. announced its Board of Directors has announced initiation of quarterly cash dividend of $0.19 per share of outstanding common stock, payable on January 21, 2025 to shareholders of record as of the close of business on January 6, 2025. Going forward, the Company expects to declare a dividend in a similar amount on a quarterly basis, subject to market conditions and approval by the Board of Directors. Assuming a dividend of $0.19 per quarter for the fiscal year, this equates to a dividend of $0.76 annually, which at current share prices would imply a more than 2% annual dividend yield. The Company believes it has the capacity to increase the amount of the quarterly dividend in the future. Announcement • Nov 26
Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Match Group, Inc. Investors Rosen Law Firm announced it has filed a class action lawsuit on behalf of purchasers of the securities of Match Group, Inc. between May 2, 2023 and November 6, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Match Group investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s monthly active user count would not recover by the time that Match Group reported its financial results for the third quarter of 2024; and (2) as a result, defendants’ statements about Match Group’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.53 (vs US$0.59 in 3Q 2023) Third quarter 2024 results: EPS: US$0.53 (down from US$0.59 in 3Q 2023). Revenue: US$895.5m (up 1.6% from 3Q 2023). Net income: US$136.5m (down 17% from 3Q 2023). Profit margin: 15% (down from 19% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Oct 18
Match Group, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Match Group, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Announcement • Oct 08
Match Group Announces Chief Financial Officer Changes Match Group announced the appointment of Steven Bailey as Chief Financial Officer, effective March 1, 2025. Gary Swidler will transition out of his CFO role on that date and continue in his position as President of Match Group. Bailey, Bailey, age 42, currently the Senior Vice President of Financial Planning & Business Operations, has held leadership roles across these areas of Match Group since 2012. His expertise spans financial strategy, operational efficiency, and corporate planning across the Company's diverse portfolio of brands. His promotion to CFO underscores the Company's focus on driving long-term strategic growth and exercising strong cost discipline. In his new role, Bailey will oversee investor relations, accounting, tax, and treasury, in addition to his current responsibilities. Steven Bailey has been the Senior Vice President of Financial Planning and Business Operations at Match Group since 2022, where he oversees key functions including financial planning & analysis, real estate & facilities, security & crisis management, workplace experience, central data engineering, and business technology, globally. Steven joined Match Group in 2012 and has held positions of increasing responsibility with the Company, including Chief Financial Officer of Match Group Americas. Prior to Match Group, Steven served as Manager, Financial Planning & Analysis, for Dow Jones. He began his career at Heritage Building Group, where he held various finance and operations roles. Steven holds an M.B.A. in Finance from Lehigh University. He also holds a B.A. in Finance from Bloomsburg University. Announcement • Sep 23
Match Group, Inc.(NasdaqGS:MTCH) dropped from FTSE All-World Index (USD) Match Group, Inc.(NasdaqGS:MTCH) dropped from FTSE All-World Index (USD) Announcement • Jul 18
Starboard Urges for Sale of Match Group After Building 6.6% Stake Starboard Value LP has built a 6.6% stake in Match Group, Inc. (NasdaqGS:MTCH) and is urging the dating app operator to explore a sale if it is unable to revitalize its business, the activist investor said. Starboard is the third investor after Elliott Investment Management and Anson Funds Management to push for changes this year at Match, which has struggled with a post-pandemic slowdown in growth and delays in new features for key apps such as Tinder. Match has not capitalized on its "enviable market position" and should cut costs and be more aggressive with share buybacks, Starboard's managing member Jeffrey Smith said in a letter late on July 15, 2024. "If performance fails to improve, we believe changes must be considered, which should include a thoughtful examination of whether Match's best path forward would be as a private company," Smith added. The Wall Street Journal first reported on the Starboard development. Match has tried to turn around its business by rolling out new subscriptions and app updates. It also named a new CEO for Tinder in January. A spokesperson for Match said on July 16, 2024 it remains focused on Tinder and Hinge and would "look forward to continuing our open dialogue with all of our investors, including Starboard". Announcement • Jul 16
Starboard Value Sends a Letter to Match Group On July 16, 2024, Starboard Value LP announced that it has sent a letter to Match Group Inc’s CEO, President & Chief Financial Officer, and Board of Directors regarding actionable opportunities for enhancing shareholder value, and the letter lays out its view that the Company should explore a sale in the event the Company’s leadership is unable to execute on the prescribed value-enhancing initiatives. In addition, Starboard Value outlined the opportunity for the Company to generate $5.50+ of free cash flow per share in 2026 and create significant shareholder value, but urged the Company board to remain open to strategic alternatives if a turnaround proves challenging. Announcement • Jul 11
Match Group, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Match Group, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.46 (vs US$0.43 in 1Q 2023) First quarter 2024 results: EPS: US$0.46 (up from US$0.43 in 1Q 2023). Revenue: US$859.6m (up 9.2% from 1Q 2023). Net income: US$123.2m (up 2.0% from 1Q 2023). Profit margin: 14% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe. Announcement • May 01
Match Group, Inc., Annual General Meeting, Jun 21, 2024 Match Group, Inc., Annual General Meeting, Jun 21, 2024, at 08:00 US Eastern Standard Time. Location: Davis Polk & Wardwell, 450 Lexington Avenue New York 10017 New York United States Agenda: To consider elect four members of Board of Directors, each to hold office for a three-year term ending on the date of the annual meeting of stockholders in 2027 or until such director's successor shall have been duly elected and qualified; to consider hold an advisory vote on executive compensation; to consider approve the Match Group, Inc. 2024 Stock and Annual Incentive Plan; to consider ratify the appointment of Ernst & Young LLP as Match Group's independent registered public accounting firm for the 2024 fiscal year. Announcement • Apr 11
Match Group, Inc. to Report Q1, 2024 Results on May 07, 2024 Match Group, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Announcement • Mar 26
Match Group, Inc. Announces Board Appointments Match Group, Inc. announced that it has appointed Laura Jones and Spencer Rascoff to the Company's Board of Directors, effective immediately. The appointments followed a constructive dialogue with Elliott Investment Management, L.P. (together with its affiliates, "Elliott"), with which the Company also entered into an information-sharing agreement to facilitate ongoing collaboration toward the Board's goal of driving sustainable value for all shareholders. Ms. Jones is the Chief Marketing Officer at Instacart, where she is responsible for shaping a cohesive brand, fueling the company's growth and developing a world-class marketing organization. She oversees all Marketing functions encompassing brand, partner and product marketing, CRM, the Creative Studio, and the full-funnel media team spanning brand and performance. Prior to Instacart, Ms. Jones spent six years at Uber, most recently as the Global Head of Marketing for its Rides business. At Uber, she built the global product marketing team from the ground up, spanning the entire product portfolio (Rides, Eats, Freight, etc). Before Uber, Ms. Jones held various senior marketing positions at Google and Visa. Ms. Jones graduated from Dartmouth College with a Bachelor's degree in Economics and Government and received her Masters in Business Administration from Stanford University. Mr. Rascoff co-founded Zillow and served as its CEO for a decade. During Mr. Rascoff's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue and $10 billion in market capitalization. Prior to Zillow, Mr. Rascoff co-founded and was VP, Corporate Development of Hotwire. Mr. Rascoff is co-founder and Chair of Pacaso, a marketplace for vacation home ownership, as well as founder of several early-stage startups. Mr. Rascoff is an angel investor in more than 50 companies through his startup studio and venture capital firm, 75 & Sunny Ventures. Mr. Rascoff is also a visiting professor at Harvard where he teaches classes on entrepreneurship and startups. Mr. Rascoff graduated from Harvard University with a Bachelor's degree in Government. Announcement • Feb 09
Match Group, Inc. Announces Executive Changes On February 8, 2024, Jared Sine, Chief Business Affairs and Legal Officer of Match Group, Inc., gave notice to the company of his intention to terminate his employment with the company effective as of March 11, 2024. Jeanette Teckman, Match Group's Senior Vice President, Associate General Counsel — Litigation, IP and Compliance, has been appointed to serve as Chief Legal Officer of the Company on an interim basis effective as of Mr. Sine's departure. Announcement • Feb 01
Match Group, Inc. (NasdaqGS:MTCH) announces an Equity Buyback for $1,000 million worth of its shares. Match Group, Inc. (NasdaqGS:MTCH) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock. Reported Earnings • Jan 31
Full year 2023 earnings released: EPS: US$2.36 (vs US$1.29 in FY 2022) Full year 2023 results: EPS: US$2.36 (up from US$1.29 in FY 2022). Revenue: US$3.36b (up 5.5% from FY 2022). Net income: US$651.5m (up 79% from FY 2022). Profit margin: 19% (up from 11% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Jan 31
Match Group, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024 Match Group, Inc. provided earnings guidance for the first quarter and full year of 2024. For the first quarter, the company expects total revenue of $850 to $860 million, representing Y/Y growth of 8% to 9%.For the full year 2024, the company expects total revenue of $3,565 to $3,665 million, representing Y/Y growth of 6% to 9%, which includes an estimated one and a half point Y/Y headwind from FX. Announcement • Jan 11
Match Group, Inc. to Report Q4, 2023 Results on Jan 30, 2024 Match Group, Inc. announced that they will report Q4, 2023 results After-Market on Jan 30, 2024 Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: US$0.59 (vs US$0.46 in 3Q 2022) Third quarter 2023 results: EPS: US$0.59 (up from US$0.46 in 3Q 2022). Revenue: US$881.6m (up 8.9% from 3Q 2022). Net income: US$163.7m (up 27% from 3Q 2022). Profit margin: 19% (up from 16% in 3Q 2022). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Announcement • Nov 02
Match Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Match Group, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the quarter, the company expects total revenue to be in the range of $855 million to $865 million. For the full year 2023, The company expects to deliver total revenue growth company-wide towards the lower end of the range provided a year ago. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €26.81, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Interactive Media and Services industry in Europe. Announcement • Oct 12
Match Group, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Match Group, Inc. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023 Announcement • Aug 04
Match Group, Inc. Provides Earnings Guidance for the Third Quarter 2023 Match Group, Inc. provided earnings guidance for the third quarter 2023. For the quarter, the company expected total revenue of $875 million to $885 million, up 8% to 9% year over year compared to third quarter 2022. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$0.49 (vs US$0.11 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.49 (up from US$0.11 loss in 2Q 2022). Revenue: US$829.6m (up 4.4% from 2Q 2022). Net income: US$137.3m (up US$169.2m from 2Q 2022). Profit margin: 17% (up from net loss in 2Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Board Change • Jul 26
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. CEO & Director Bernard Kim was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.