Reports Q2 revenue $864M, consensus $854.11M. “Six months ago, we took a hard look at how we work, what we build, and what users want from our apps,” said CEO Spencer Rascoff. “We moved fast to reset the company culturally, organizationally, and strategically. We then began revitalizing our apps around clearer brand purpose and real user outcomes. Match Group (MTCH) is now oriented around urgency, accountability, and product obsession.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTCH:
- Buy Rating for Match Group: Strong Hinge Growth and Strategic Initiatives Drive Undervaluation
- Match Group price target raised to $35 from $31 at UBS
- Hold Rating for Match Group Amid Uncertain User Engagement and Growth Prospects
- Match Group price target lowered to $32 from $34 at BofA
- Match Group price target raised to $32 from $31 at Wells Fargo