Match beats estimates as Tinder subscribers soar

Jamie McKane

MyBroadband Journalist
Super Moderator
Joined
Mar 2, 2016
Messages
4,431
Match beats estimates as Tinder subscribers soar

The international dating scene is swiping right on Tinder, helping spark a 17 percent surge in total average subscribers in the last quarter for parent company Match Group Inc.

The online dating company owned by IAC/InterActiveCorp beat analysts’ average estimates in nearly every metric in the fourth quarter, though the forecast for revenue in the current quarter missed expectations.

[Bloomberg]
 
Top