Match Group Reports Modest Q3 2024 Revenue Growth

Match Group ( (MTCH) ) has shared an update.

Match Group’s Q3 2024 results highlight a 2% revenue growth to $895 million, with notable gains in Hinge’s direct revenue, which surged 36% year-over-year. Despite a decline in Tinder’s monthly active users and some challenges with new initiatives, the company remains optimistic about future growth driven by product innovations and strategic portfolio adjustments. Match Group Asia is also expanding, while efforts to streamline operations continue to boost margins and cash flow.

For an in-depth examination of MTCH stock, go to TipRanks’ Stock Analysis page.