Match Group Q3: Revenue $882M (+9% YoY), Tinder Direct +11%, Hinge +44%

Match Group, Inc.

2023-Q3 EPS reported $1.46 revenue$2,498,276,000

Total revenue $882M (+9% YoY); operating income $244M (+16%); record AOI $333M (+17%, 38% margin).
Tinder Direct Revenue $509M (+11%); Hinge Direct $107M (+44%); payers down 5% to 15.7M; RPP up 15% to $18.39.
Q4 guidance: revenue $855-865M, AOI $305-310M; FY 2023 AOI margin expected to improve over 2022.
Settled Google lawsuit; $40M escrow returned; new User Choice Billing terms with partnership offset for 2024-2026.
Repurchased $300M in Q3 ($445M YTD); net leverage 2.7x; targeting >50% FCF return to shareholders.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Match Group, Inc. reported Q3 2023 results: revenue $882 million.

Period: Q3 2023
Revenue: $882 million
Result: reported results

Exact text from the filing

Third Quarter 2023 Financial Highlights • Total Revenue grew 9% over the prior year quarter to $882 million.

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49 earnings releases filed in the last 30 days. Browse all earnings releases →

Match Group, Inc. filing history →

Source: SEC EDGAR

accession 0000891103-23-000109

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