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

Tinder-parent Match forecasts quarterly revenue below estimates

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Tinder-parent Match forecasts quarterly revenue below estimates

Jul 30, 2024 1:39 PM

July 30 (Reuters) - Tinder-parent Match Group ( MTCH )

forecast third-quarter revenue below Wall Street estimates on

Tuesday, anticipating weak discretionary spending on dating apps

as its paying users decline.

The company expects revenue to be between $895 million and

$905 million for the third quarter, the mid-point of which is

below analysts' average estimates of $915.4 million, according

to LSEG data.

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