Match Group, Inc. Stock News

A familiar name pops up at the end of a Wall Street Journal article today about the new balance of power between tech companies and workers in the age of artificial intelligence: Spencer Rascoff.

May has only just begun, but already, it has not been a good month for the tech industry in terms of layoffs. Since the month started, several prominent names in technology have announced layoffs, some involving a significant number of workers.

Match Group's Q1 2025 results exceeded expectations, but Tinder's challenges overshadowed growth in Hinge and other emerging products, causing the stock to sell off. Despite macro and micro headwinds in the dating app market, MTCH's global presence and diverse product portfolio position it better than Bumble. The CEO's recent share purchase and potential savings from app store fee changes offer...

Shares of Match Group (MTCH -9.61%) were falling today after the leader in the online dating market posted disappointing results in its first-quarter earnings report.

Match Group, Inc. shares plummeted after the company's Q1 results showed continued difficulties at Tinder, its largest brand. Tinder lost 0.4 million paid users sequentially for the second quarter in a row, with MTCH management warning that macro headwinds are leading to further a la carte declines. With growth also decelerating at Hinge, Match will be hard-pressed to meet its targets, calling ...

Match Group, Inc. (NASDAQ:MTCH ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Tanny Shelburne - Senior Vice President, Investor Relations Spencer Rascoff - Chief Executive Officer Steven Bailey - Chief Financial Officer Conference Call Participants Nathan Feather - Morgan Stanley Cory Carpenter - JPMorgan Ygal Arounian - Citi Shweta Khajuria - Wolfe Research John...

Match Group Inc (NASDAQ:MTCH), parent company of the Tinder dating app, saw its stock rising in Thursday's early deals after it reported revenue ahead of forecasts for the March quarter. On top of that, Match – which also owns the Hinge and OkCupid dating apps – confirmed cost cutting plans that will result in 13% of its workforce being dumped.

For the first quarter, the owner of Tinder, Hinge and OkCupid said profit fell to $117.6 million, compared with $123.2 million, a year earlier, as revenue fell 3% to $831.2 million.