The online dating services company gave fourth-quarter revenue guidance that was below analysts' expectations.
The online dating company, which owns dating services like Match, Hinge and OKCupid, reported better-than-expected earnings for the quarter, but forecast fourth-quarter revenue that was below analysts' expectations. Match said it expects to see revenue between $545 million and $555 million, which is lower than consensus estimates of $559.3 million.
For the third quarter, Match reported earnings of 51 cents per share, surpassing analysts' expectations for earnings of 42 cents per share. Revenue came in at $541 million, which matched Wall Street's expectations. Average revenue per user was 59 cents, which just fell short of analysts' expected 60 cents.
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