earnings
confidence high
sentiment positive
materiality 0.75
Match Group Q3 2021 revenue up 25% to $802M; Tinder Direct Revenue surpasses $400M
Match Group, Inc.
2021-Q3 EPS reported
$1.46
revenue$2,177,207,000
- Total Revenue $802M (+25% YoY); Tinder Direct Revenue $434M (+20% YoY) with 10.4M payers.
- Operating income $221M (+10% YoY); Adjusted EBITDA $285M (+15% YoY); margin 36%.
- Hinge revenue growth north of 100%; Hyperconnect contributed $53M in revenue.
- Added to S&P 500; Renate Nyborg named Tinder CEO; virtual currency Tinder Coins testing.
- Q4 2021 revenue guidance $810-820M; FY 2021 Adjusted EBITDA expected above $1.06B.