secwatch.observer — SEC 8-K summary
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Issuer:     Match Group, Inc. (MTCH)
CIK:        0000891103
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000891103-24-000054
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Match Group Q1 rev up 9% to $860M; Tinder growth slows; cuts FY rev guidance to low end of 6-9%
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- Q1 revenue $860M (+9% YoY); AOI $279M (+6%, margin 33%); diluted EPS $0.44 vs $0.42.
- Tinder Direct Revenue $481M (+9% YoY, or +12% FXN); Payers down 9% to ~10M; ALC rev fell 13%.
- Hinge Direct Revenue $124M (+50% YoY); Payers up 31% to 1.4M; on track to ~$1B revenue business.
- Q2 guidance: rev $850-860M (+2-4% YoY); AOI $300-305M; Tinder flat to +1% rev growth YoY.
- Full year rev growth guided to low end of 6-9% range (prev. 6-9%); FCF ~$1.1B; repurchased $198M stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891103/000089110324000054/0000891103-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891103/000089110324000054/mtch-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000891103-24-000054

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