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NEW YORK - Match Group (NASDAQ:MTCH) shares fell sharply by 7% in after-hours trading after the online dating company reported fourth-quarter results that beat expectations but provided disappointing guidance for the upcoming quarter and full year.
The company, which owns popular dating apps like Tinder and Hinge, reported adjusted earnings per share of $0.59, topping analyst estimates of $0.56. Revenue came in at $860 million, slightly above the consensus forecast of $859.4 million.
However, Match Group’s outlook fell short of Wall Street projections. For the first quarter, the company expects revenue between $820 million and $830 million, below analyst expectations of $852.7 million. The full-year 2025 revenue guidance of $3.375 billion to $3.5 billion also missed the $3.52 billion consensus estimate.
"We had a strong finish to the year and are seeing solid peak season new user trends," said Steven Bailey, Incoming CFO. "We’re focused on executing the plan we laid out at Investor Day: driving innovation to spur user growth, generating strong free cash flow, and returning significant capital to shareholders."
Match Group cited foreign exchange headwinds and the exit from some live streaming services as factors impacting its outlook. The company said it expects foreign exchange to be a slightly more than two-point year-over-year headwind in 2025.
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