PRESS RELEASE – Feb 7 – Match Group now has ~7M subscribers across its businesses and 3M at Tinder alone. Total Revenue grew 28% YOY to $379M, driven by 24% growth in Average Subscribers to 7M and a 4% increase in ARPU. Operating income was $128M, an increase of 13% YOY, while Adjusted EBITDA increased 20% over the prior year quarter to $153 million. Net loss of $9M, driven by the inclusion of $92M of discrete tax charges related to U.S. tax reform. Excluding these discrete tax charges, Match Group would have reported net income of $83M.
See full article at Match Group website
