2023-05-02 16:30:24 ET
- Match Group press release ( NASDAQ: MTCH ): Q1 GAAP EPS of $0.42 beats by $0.02 .
- Revenue of $787M (-1.5% Y/Y) misses by $7.06M .
- Shares +5.5% .
- » Direct Revenue declined 1% (up 3% FXN) over the prior year quarter to $774 million.
- Tinder Direct Revenue was flat (up 4% FXN), while other brands collectively were down 3% (up 1% FXN) over the prior year quarter.
- Within other brands, Hinge Direct Revenue was up 27% (up 30% FXN) versus the prior year quarter.
- Payers declined 3% to 15.9 million compared to the prior year quarter.
- RPP increased 2% over the prior year quarter to $16.26, up 6% FXN.
For further details see:
Match Group GAAP EPS of $0.42 beats by $0.02, revenue of $787M misses by $7.06M