secwatch.observer — SEC 8-K summary
======================================

Issuer:     Match Group, Inc. (MTCH)
CIK:        0000891103
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000891103-25-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Match Group Q1 revenue $831M (-3% YoY); 13% workforce cut, $100M+ savings targeted
--------------------------------------------------------------------------------

- Revenue $831M (-3% YoY, -1% FXN); Payers 14.2M (-5%); RPP $19.07 (+1%).
- Adjusted Operating Income $275M (-2% YoY); margin 33%. Q2 guidance: rev $850-860M, AOI $295-300M.
- CEO Spencer Rascoff: 13% workforce reduction, centralizing functions, targeting $100M+ annualized savings (~$45M in 2025).
- Dividend $0.19/share declared, payable July 18 to record July 3. Repurchased 9.6M shares for $295M in Q1+Apr.
- Free cash flow $178M in Q1; cash $414M, long-term debt $3.5B; leverage 2.8x gross.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891103/000089110325000074/0000891103-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891103/000089110325000074/mtch-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000891103-25-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer