earnings
confidence high
sentiment positive
materiality 0.80
Match Group Q2 revenue $830M (+4% YoY); Hinge revenue up 35%; Q3 guidance above expectations
Match Group, Inc.
2023-Q2 EPS reported
$0.89
revenue$1,616,676,000
- Total Revenue $830M (+4% YoY, +6% FXN); Tinder Direct Revenue $475M (+6%), Hinge $90M (+35%).
- Adjusted Operating Income $301M (36% margin), up 5% YoY; Operating Income $215M (26% margin).
- Payers 15.6M (-5% YoY); RPP $17.41 (+10% YoY, +12% FXN) on pricing optimizations and weekly packages.
- Q3 guidance: Total Revenue $875-885M (+8-9% YoY); AOI $320-325M (mid-point margin ~37%).
- Tinder expects ~10% Direct Revenue growth in Q3 and double-digit in Q4; Hinge expects ~40% growth in 2023.