Match Group, Inc. (MTCH) has released its financial results for the fourth quarter, indicating a decline in earnings compared to the same quarter in the previous year. The net earnings for the company amounted to $158.30 million, translating to $0.59 per share, down from $229.66 million, or $0.81 per share, recorded last year. Revenue also saw a slight decrease of 0.7%, from $866.23 million to $860.18 million over the same period.
Here’s a summary of Match Group, Inc.'s earnings performance in accordance with GAAP standards:
- Earnings: $158.30 million versus $229.66 million in the previous year
- Earnings Per Share (EPS): $0.59, compared to $0.81 last year
- Revenue: $860.18 million, down from $866.23 million last year
Looking ahead, the company has provided revenue guidance for the next quarter, projecting between $820 million to $830 million.
