secwatch.observer — SEC 8-K summary
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Issuer:     Match Group, Inc. (MTCH)
CIK:        0000891103
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000891103-23-000044
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Match Group Q1 revenue $787M (-1% YoY); issues cautious FY23 guidance; authorizes $1B buyback
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- Q1 revenue $787M, down 1% YoY (FXN +3% to $822M). Adjusted operating income $263M, down 4%; margin 33%.
- Tinder direct revenue flat at $441M; Hinge grew 27% YoY to $83M, exceeding 1M payers.
- Total payers fell 3% to 15.9M; RPP rose 2% to $16.26.
- Q2 guidance: revenue $805-815M, AOI $275-280M. FY23 growth expected near low end of prior 5-10% range.
- Board approved new $1B share repurchase program; plans to return at least half of FCF to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891103/000089110323000044/0000891103-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891103/000089110323000044/mtch-20230428.htm
  HTML page:      https://secwatch.observer/filing/0000891103-23-000044

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