secwatch.observer — SEC 8-K summary
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Issuer:     Match Group, Inc. (MTCH)
CIK:        0000891103
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000891103-23-000109
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891103/000089110323000109/0000891103-23-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891103/000089110323000109/mtch-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000891103-23-000109

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