earnings
confidence high
sentiment neutral
materiality 0.70
Match Group Q3 revenue $810M (+1% YoY, +10% FXN); Tinder RPP -1%, Q4 guidance soft
Match Group, Inc.
2022-Q3 EPS reported
$0.94
revenue$2,402,690,000
- Total Revenue $810M (+1% YoY, +10% FXN); Tinder Direct Revenue +6% (+16% FXN) on 7% payer growth to 11.1M, RPP -1%.
- Hinge Direct Revenue grew nearly 40% YoY; All Other Brands Direct Revenue -5% YoY; total payers 16.5M (+2%).
- Adjusted Operating Income $284M (flat YoY, 35% margin); operating income $211M (-5%).
- Q4 revenue guidance $780-790M; Tinder Direct Revenue expected relatively flat YoY; FX drag ~9 pts.
- FY 2023 preliminary outlook: 5-10% revenue growth, Hinge incremental ~$100M, flat AOI margins YoY.