earnings
confidence high
sentiment neutral
materiality 0.75
Match Group Q3 revenue $895M (+2%); Tinder payers -4% (vs -8% Q2), Hinge +36%
Match Group, Inc.
2024-Q3 EPS reported
$1.43
revenue$2,619,197,000
- GAAP diluted EPS $0.51 vs $0.57 YoY; adjusted operating income $343M (+3%), margin 38%.
- Tinder direct revenue $503M (-1%; +1% FXN), payers down 4% YoY with 311K sequential adds.
- Hinge direct revenue $145M (+36% YoY), payer growth 21%, RPP $30.26 (+12%).
- Q4 guidance: total revenue $865-$875M (flat YoY), Tinder direct $480-$485M (-2-3%), AOI $335-$340M.
- Repurchased $241M stock in Q3 (7.1M shares at ~$34) and $112M in Oct-Nov; $252M remaining.