Match Group, Inc. : revises consensus sharply - InvestingChannel

Match Group, Inc. : revises consensus sharply

Third-quarter sales increased by 9% compared to the previous year, and operating profit rose by 16%. Despite a 5% decrease in subscribers, the average revenue per subscriber went up by 15%.
 
Tinder remains the primary driver of the Group with 58% of consolidated sales, but its growth in Asia…
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