Match Group forecasts quarterly revenue below estimates-March 2024-www.financetom.com

Match Group forecasts quarterly revenue below estimates

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Match Group forecasts quarterly revenue below estimates

Nov 9, 2024 11:39 AM

Nov 6 (Reuters) - Match Group ( MTCH ) forecast

fourth-quarter revenue below Wall Street estimates on Wednesday,

signaling weak demand as customers cut back on discretionary

spending amid high inflation.

The company expects revenue between $865 million and $875

million for the fourth quarter, compared with analysts' average

estimate of $905.4 million, according to data compiled by LSEG.

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