2023-08-01 16:40:57 ET
- Match Group press release ( NASDAQ: MTCH ): Q2 GAAP EPS of $0.48 beats by $0.03 .
- Revenue of $829.55M (+4.4% Y/Y) beats by $18.08M .
- Total Revenue grew 4% over the prior year quarter to $830 million. On a foreign exchange (“FX”) neutral (“FXN”) basis, Total Revenue was $844 million, up 6% over the prior year quarter
- Direct Revenue grew 5% (up 6% FXN) over the prior year quarter to $816 million.
- Tinder Direct Revenue was up 6% (up 7% FXN), while other brands collectively were up 3% (up 5% FXN) over the prior year quarter. Within other brands, Hinge Direct Revenue was up 35% (same FXN) versus the prior year quarter.
- Payers declined 5% to 15.6 million over the prior year quarter.
For further details see:
Match Group GAAP EPS of $0.48 beats by $0.03, revenue of $829.55M beats by $18.08M