earnings
confidence high
sentiment neutral
materiality 0.75
Match Group Q4 2023 revenue $866M (+10% YoY); new $1B buyback; Tinder CEO appointed
Match Group, Inc.
2023-FY EPS reported
$2.26
revenue$3,364,504,000
- Q4 revenue $866M (+10% YoY); AOI $362M (+27%, margin 42%); includes $40M Google litigation settlement.
- Tinder Direct Revenue $493M (+11%), Hinge $116M (+50%); Payers 15.2M (-5%), RPP $18.67 (+17%).
- New $1.0B share repurchase program authorized; expects to return >50% of 2024 free cash flow.
- Appointed Faye Iosotaluno as Tinder CEO (former COO); product refresh and AI initiatives underway.
- Q1 2024 guidance: rev $850-860M, AOI $270-275M; FY2024 rev $3,565-3,665M, AOI margin at least 36%.