Match Group: Q3 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Match Group, Inc. (MTCH) on Wednesday reported third-quarter profit of $136.5 million.

The Dallas-based company said it had profit of 51 cents per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The media and internet company posted revenue of $895.5 million in the period, which fell short of Street forecasts. Ten analysts surveyed by Zacks expected $900.3 million.

For the current quarter ending in December, Match Group said it expects revenue in the range of $865 million to $875 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTCH at https://www.zacks.com/ap/MTCH

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up