Tinder-parent Match sees third-quarter revenue above estimates on strong user growth

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Match Group forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing to drive user growth.The company is benefiting from the launch of more flexible subscription plans. Its cheapest plans for smaller durations have drawn inflation-hit c

Match Group forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing to drive user growth.

Tinder said it has turned its attention to an important product refresh in the second half of the year, to better satisfy its core Gen Z audience. It posted adjusted operating income of $301 million in the second quarter, compared with market estimates of $278.5 million.

 

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