Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations (Jaspreet Singh/Reuters)

Posted on May 7, 2024
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Jaspreet Singh / Reuters:
Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations — Tinder-parent Match Group (MTCH.O) forecast second-quarter revenue below Wall Street estimates on Tuesday, as users are likely to dial back spending on dating apps.

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