Match Group Inc. - Ordinary Shares - New
NASDAQ:MTCH
Layoffs, Other Pre-Announcement
Match Group Reports Quarterly Earnings Per Share Of $0.30
Published: 01/31/2023 21:45 GMT
Match Group Inc. - Ordinary Shares - New (MTCH) - Match Group Inc - qtrly Earnings per Share $0.30.
Match - expect Tinder’s Marketing Spend to Increase by About 2 Points, But Remain Under 10%, As Percentage of Direct Revenue in 2023.
Match Group Inc - expect to Incur $3 to $5 Million in Severance and Similar Costs in Q1.
Match Group Inc - expect at Least First Half of 2023 to Remain Challenging.
Match Group Inc - as We Start 2023, Macroeconomic Pressures We Are Seeing in Business Thus Far Are in Line With Expectations.
Match Group Inc - for 2023, Reaffirm Focus on Delivering 5% to 10% Yoy Growth, in Match Group Total Revenue and Tinder Direct Revenue.
Match Group Inc - expect Q1 Adjusted Operating Income to Be $250 to $255 Million.
Match - have Undertaken a Company-wide Cost Review to Reduce Marketing Spend, Headcount, Overhead Expenses.
Match Group Inc - expect to Incur About $6 Million of Severance and Similar Costs in 2023 Related to Our Cost Savings Initiatives.
Q1 Revenue View $817.3 Million -- Refinitiv Ibes Data (analyst estimates).
Q4 Earnings per Share View $0.46 -- Refinitiv Ibes Data (analyst estimates).
Further Company Coverage: .
((reuters.
Briefs@thomsonreuters.
Com;)).
Match - expect Tinder’s Marketing Spend to Increase by About 2 Points, But Remain Under 10%, As Percentage of Direct Revenue in 2023.
Match Group Inc - expect to Incur $3 to $5 Million in Severance and Similar Costs in Q1.
Match Group Inc - expect at Least First Half of 2023 to Remain Challenging.
Match Group Inc - as We Start 2023, Macroeconomic Pressures We Are Seeing in Business Thus Far Are in Line With Expectations.
Match Group Inc - for 2023, Reaffirm Focus on Delivering 5% to 10% Yoy Growth, in Match Group Total Revenue and Tinder Direct Revenue.
Match Group Inc - expect Q1 Adjusted Operating Income to Be $250 to $255 Million.
Match - have Undertaken a Company-wide Cost Review to Reduce Marketing Spend, Headcount, Overhead Expenses.
Match Group Inc - expect to Incur About $6 Million of Severance and Similar Costs in 2023 Related to Our Cost Savings Initiatives.
Q1 Revenue View $817.3 Million -- Refinitiv Ibes Data (analyst estimates).
Q4 Earnings per Share View $0.46 -- Refinitiv Ibes Data (analyst estimates).
Further Company Coverage: .
((reuters.
Briefs@thomsonreuters.
Com;)).