Match Group Beats Earnings, But User Growth Slows

Match Groups Q1 2022 earnings beat expectations with $863.9M revenue, up 3.9% YoY, and $68M EPS, surpassing estimates by 11.6%. EBITDA hit $342.9M with a 39.7% margin. Despite a flat stock price, investors are cautious due to a 4.8% drop in payers to 13.52M. Average revenue per user increased 9.6% to $20.90, but revenue growth has averaged just 3.5% annually over the past three years. New features may be key to reversing slowing user growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1ff916ea6fce959e