Q4 consensus $869.78M. Match Group (MTCH) is also providing an update on its financial outlook for Q4 as part of Investor Day. Excluding impact from foreign exchange rates, the company expects to be within the Q4 Total Revenue range and the Tinder Direct Revenue range communicated on its Q3 earnings conference call. When the impact of FX rates is included, the company expects Q4 Total Revenue and Tinder Direct Revenue to be below the outlook previously provided due to FX impacts that were approximately $15M larger than anticipated at the time of our last earnings call, roughly two-thirds of which is attributable to Tinder. Match Group still expects to achieve an Adjusted Operating Income margin of 36% for the full year 2024. Consistent with what the company assumed in the Q4 outlook provided on its Q3 earnings call, Tinder’s new user declines on Apple iOS remain stable at lower levels but have not fully recovered to the early September trend line.
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