The headline numbers for Match Group (MTCH) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Insightful Analysis on Match Group's Financial Performance and Strategic Initiatives
Dating app company Match (NASDAQ:MTCH) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 9.2% year on year to $859.6 million. On the other hand, next quarter's revenue guidance of $855 million was less impressive, coming in 3.1% below analysts' estimates. It made a GAAP profit of $0.44 per share, improving from its profit of $0.41 per share in the same quarter last year.