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Match Group Inc (NASDAQ:MTCH) shares are facing selling pressure in extended trading Tuesday after the company reported fourth-quarter financial results and announced a CEO transition.
- Q4 Revenue: $860 million, versus estimates of $858.84 million
- Q4 EPS: 59 cents, versus estimates of 55 cents
Total revenue declined 1% year-over-year as payers fell 4% year-over-year to 14.6 million. Tinder revenue was down 3% year-over-year, while Hinge revenue increased 27% year-over-year. Revenue for the Evergreen and Emerging category fell 8% year-over-year ...
