Match Group (MTCH) Tops Q1 EPS by 3c; ARPPU Fell 10%

Match Group (NASDAQ: MTCH) reported Q1 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $285.3 million versus the consensus estimate of $281.75 million.

• Tinder surpassed 1 million PMC as of the end of the quarter and successfully launched its first à la carte paid feature
• ARPPU declined 10% and Sales and Marketing as a percentage of revenue declined from 48% to 40%, driven primarily by the acquisition of PlentyOfFish and fast growth at Tinder

For earnings history and earnings-related data on Match Group (MTCH) click here.

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