Summary

Match Group Inc CS Beats

Match Group Inc CS (MTCH) reported 2nd Quarter June 2018 earnings of $0.40 per share on revenue of $421.2 million. The consensus earnings estimate was $0.35 per share on revenue of $413.1 million. The Earnings Whisper number was $0.36 per share. Revenue grew 36.1% on a year-over-year basis.

The company said in its earnings presentation it expects third quarter revenue of $430.0 million to $440.0 million. The current consensus revenue estimate is $425.8 million for the quarter ending September 30, 2018. The company also said it now expects revenue of $1.68 billion to $1.72 billion. The company's previous guidance was revenue of $1.60 billion to $1.70 billion and the current consensus estimate is revenue of $1.69 billion for the year ending December 31, 2018.

Earnings Release

Match Group Reports Second Quarter 2018 Results

DALLAS, Aug. 7, 2018 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its second quarter 2018 financial results and related investor presentation on the investor relations section of its website at https://ir.mtch.com. As announced previously, the Company will host a conference call tomorrow, Wednesday, August 8, 2018, at 8:30 a.m. Eastern Time (ET) to discuss the results. The live audiocast and replay will be open to the public at https://ir.mtch.com.

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About Match Group

Match Group (NASDAQ: MTCH) is a leading provider of dating products. We operate a portfolio of brands, including Tinder, Match, PlentyOfFish, OkCupid, OurTime, Meetic, and Pairs, each designed to increase our users' likelihood of finding a meaningful connection. Through our portfolio of trusted brands, we provide tailored products to meet the varying preferences of our users. We currently offer our dating products in 42 languages across more than 190 countries.

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SOURCE Match Group