Match gapped up over the 83.69 buy point after the company reported Q1 revenue of $544.6 million, up 17% year over year.
Guru releases portfolio for the first quarter of 2020 Continue reading...
The U.S. death toll from the coronavirus that causes COVID-19 climbed above 81,000 on Tuesday, as President Donald Trump, defending his record on testing in the U.S., ended his White House news conference abruptly following an angry exchange with two reporters.
Dating app Plenty of Fish released insights from a new study that explores the relationship between dating and anxiety, including the impact of the COVID-19 pandemic, and how singles are leveraging technology to foster meaningful connections. While 7 in 10 singles report feeling more anxious than usual, 72% of online daters believe it is still possible to start a romantic relationship while social distancing, and over half say the situation has inspired them to take dating more seriously.
Q1 2020 Match Group Inc Earnings Call
Moody's Investors Service ("Moody's") has affirmed Match Group, Inc.'s ("Match" or the "company") Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating (PDR), Ba1 ratings on the senior secured bank credit facilities and Ba3 ratings on the senior unsecured notes. Concurrently, Moody's assigned a Ba3 rating to the proposed $500 million senior unsecured notes.
Match Group (NASDAQ: MTCH) announced today that it has agreed to sell $500 million aggregate principal amount of 4.625% senior notes due 2028 (the "Notes") in a private offering (the "Offering"). The Offering is expected to close on May 19, 2020.
A look at the company's 1st-quarter results Continue reading...
Today we'll evaluate Match Group, Inc. (NASDAQ:MTCH) to determine whether it could have potential as an investment...
Match Group (NASDAQ: MTCH) announced today that it intends to commence an offering of $500 million aggregate principal amount of senior notes due 2028 (the "Notes") in a private offering (the "Offering"). The interest rate and other terms of the Notes will be determined at the time of sale.
Image source: The Motley Fool. Match Group, Inc. (NASDAQ: MTCH)Q1 2020 Earnings CallMay 6, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to the Match Group First Quarter 2020 Earnings Conference Call.
Shares of Match Group (NASDAQ: MTCH) jumped 16.5% in April, according to data from S&P Global Market Intelligence. Parent IAC/Interactive (NASDAQ: IAC) says video dating became a vital source of communication for people, and what Match had introduced as an adjunct to its dating service would end up being rolled out to most of its sister sites. It may, in fact, become the future of dating.
Surge in users in these units partially offset a drop in demand in its homeservices platform ANGI, which reported quarterly revenue of $343.6 million, missing estimates of $345.8 million, according to IBES data from Refinitiv. IAC flagged last month that demand for ANGI's services had dropped considerably as people were shelving plans to renovate their houses amid the COVID-19 pandemic. Match Group, that forms nearly half of IAC's revenue, reported a 17% rise in revenue and said user engagement across its dating apps had surged as people look to make virtual connections amid the pandemic.
Match Group Inc. said Tuesday it is offering $500 million in senior notes that mature in 2028 in a private offering. Proceeds will be used to redeem the company's 6.375% senior notes due 2024 and for general corporate purposes. The dating app company's shares were slightly lower premarket.
The Internet holding company reported better-than-expected first-quarter revenues, but also disclosed a writedown of its declining browser-based software-applications business.
Match Group's (MTCH) first-quarter 2020 results reflect solid traction for Tinder and strong momentum at Hinge and Pairs.
Is (MTCH) Outperforming Other Computer and Technology Stocks This Year?
Match Group (NASDAQ: MTCH) announced today that Shar Dubey, Chief Executive Officer, will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Virtual Conference on Wednesday, May 13. Ms. Dubey is scheduled to appear at 2:00 p.m. Eastern Time (ET).
Investors celebrated the online dating company’s ability to provide a way for people to date even while sheltering in place.
Tinder will add a video dating feature in the second quarter of this year, parent company Match announced on Tuesday as part of its Q1 2020 earnings report. The company also detailed the coronavirus impact, which slowed Tinder user growth in the quarter, as social distancing requirements and government lockdowns went into effect. Match didn't go into detail about its plans for video dating, but noted it has been testing the waters with video in its Plenty of Fish app.