MTCH stock is the biggest gainer in today’s session and hits an all-time high after Match Group Inc (NASDAQ:MTCH) released better than expected second-quarter revenue and earnings results.
Subscribers Grow on TinderThe company posted $0.49 earnings per share in the quarter and beat Zacks Consensus Estimate of $0.45 per share. The earnings beat last year’s Q2 earnings of $0.41 per share. The exceptional results in the quarter are a result of the growth of users in the company’s Tinder app.
The app reportedly added around 503,000 new subscribers in the quarter to top ...
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