Match Group Q3 Financial Results

MATCH GROUP – Q3 revenue grew 1% YOY to $810M. Operating income was $211M, down 5% YOY. Payers increased 2% to 16.5M, up from 16.3M in Q3 2021. Tinder direct revenue grew 6% YOY, driven by 7% payers growth to 11.1M. All other brands collectively had a direct revenue decline of 5% YOY driven by an 8% payers decline. Hinge revenue grew ~40% YOY.