Match Group Inc. forecast growth through the end of the year that missed analysts’ estimates, citing lingering Covid effects in Asia, particularly in its second-biggest market of Japan.
The Dallas-based company said it expects fourth-quarter revenue of $810 million to $820 million. That compares with the average analyst forecast of $838 million, according to data compiled by Bloomberg. Adjusted earnings before interest, taxes, depreciation and amortization will be $285 million to $290 million, according to a statement Tuesday. Analysts had projected $285.5 million.