DALLAS, March 3, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) has announced that Hesam Hosseini will be promoted to Chief Operating Officer starting April 1. Gary Swidler, who has held senior leadership positions for ten years, will resign as President on the same date but will remain as an advisor until July 4, 2025, as part of a well-planned transition.
We have put together a list of 10 companies that went against the positive market trend on Wednesday. In this article, we will examine how Match Group Inc. (NASDAQ:MTCH) compares to other stocks. On Wednesday, Wall Street continued its winning streak, with all major indices finishing in positive territory as investors appeared…
Match Group's results for the fourth quarter show a drop in revenue and slow growth in the number of total payers. On the other hand, Hinge is experiencing significant growth.
Match Group (MTCH) shares dropped on Wednesday, following the announcement of a new CEO and a cautious forecast, as sales for many of its divisions fell.
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Even though Match Group has a low valuation, I still find their revenue growth and investment choices unconvincing, so I will keep a Hold rating. Their Q4 results indicate a 1% drop in revenue, with Tinder's revenue falling by 3% and a 5% decrease in paying users. I question Match's focus on share buybacks; investing in growth might be a better option considering their 16% return on invested capital.
The main figures for Match Group (MTCH) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
Match Group (MTCH) reported quarterly earnings of $0.82 per share, which is lower than the Zacks Consensus Estimate of $0.84 per share. This is a slight increase compared to earnings of $0.81 per share from the same period last year.
Match Group, the leading dating app company, announced its fourth-quarter earnings on February 4. They reported earnings per share (EPS) of $0.59, which was higher than the analysts' expected figure of $0.55.
Spencer Rascoff, a seasoned tech expert who helped start and manage the Seattle-based real estate firm Zillow Group, has been appointed as the CEO of Match Group, the company revealed on Tuesday.