Match Group Inc CS Misses
Match Group Inc CS (MTCH) reported 4th Quarter December 2017 earnings of $0.32 per share on revenue of $378.9 million. The consensus earnings estimate was $0.33 per share on revenue of $362.5 million. The Earnings Whisper number was $0.33 per share. Revenue grew 18.5% on a year-over-year basis.
The company said in its earnings presentation it expects first quarter revenue of $380.0 million to $390.0 million and 2018 revenue of $1.50 billion to $1.60 billion. The current consensus estimate is revenue of $364.2 million for the quarter ending March 31, 2018 and revenue of $1.55 billion for the year ending December 31, 2018.
Match Group Reports Fourth Quarter 2017 Results
Match Group (MTCH) posted its fourth quarter 2017 financial results and related investor presentation on the investor relations section of its website at http://ir.mtch.com. As announced previously, the Company will host a conference call tomorrow, Wednesday, February 7, 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 http://ir.mtch.com.
About Match Group
Match Group (MTCH) is the worlds 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 romantic 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