Match Outlook Misses as It Prioritizes Tinder Product Tests
Match Group Inc. provided a weaker-than-expected fourth-quarter revenue outlook and warned that product testing at its largest dating app, Tinder, will come at the expense of short-term gains.
Total revenue across Match’s various dating apps will be $865 million to $875 million, the company said in a statement Tuesday. Analysts were expecting $884.2 million, according to Bloomberg-compiled data.