OPW – Feb 1 – Shares of Match Group were down ~6% in late trading, and dropped as much as 9%, after the company released its full year and Q4 2016 earning report, and missed analysts expectations. Revenue was $319.7M up 19% YOY. The number of paying subscribers went up 23% YOY to 5.7M. Dating properties generated $295M in revenue. Match Group has signed an agreement to sell all of its Nondating business, which operates under the umbrella of The Princeton Review, to ST Unitas, a global education technology company.
