Match Group Reports Q4 and Full Year 2015 Results

Needham & Company Cuts Price Target on IAC/InterActiveCorp (IAC) Following 4Q

Needham & Company maintained a Buy rating on IAC/InterActiveCorp (NASDAQ: IAC), and cut the price target to $62.00 (from $78.00), following the company's 4Q earnings report. Publishing revenue for 4Q15 was $180M, down 13% y/y, but slightly above consensus of $176M. Needham expects FY16 Publishing and Applications revenue... More

Susquehanna Cuts Price Target on Match Group (MTCH) Following 4Q Earnings and Guidance

Susquehanna reiterated a Neutral rating on Match Group (NASDAQ: MTCH), and cut the price target to $11.00 (from $13.00), following the company's 4Q earnings report. Total revenue was $267.6m, 3% below consensus due to lower non-dating revenue of $26.1m, which missed consensus by ~16%... More

Less Love for Match Drives IAC (IAC) PT Reduction at Susquehana

Susquehana analyst, Shyam Patil, thinks IAC/InterActiveCorp (NASDAQ: IAC) pullback is so severe that negative value is being ascribed to Homeadvisor and Vimeo offering a compelling risk/reward. Cutting PT to $67 from $75 due to the reduced value of Match shares.

IAC began reporting its new segments with its 4Q results. The new segments are Match Group, Video (which includes Vimeo), HomeAdvisor, Publishing, Applications, and Other; the previous segments were Search & Application, The Match Group, Media, and eCommerce.

Revenue of $848.7 million missed consensus by 2%, though lower COGS helped drive EBITDA of $160.8m (18.9% margins)... More

Barclays Downgrades Match Group (MTCH) to Equalweight

Barclays downgraded Match Group (NASDAQ: MTCH) from Overweight to Equalweight with a price target of $14.00 (from $17.00).

For an analyst ratings summary and ratings history on Match Group click here. For more ratings news on Match Group click here.

Shares of Match Group closed at $10.66 yesterday.

Match Group (MTCH) Tops Q4 EPS by 4c, Revenue Light

Match Group (NASDAQ: MTCH) reported Q4 EPS of $0.24, $0.04 better than the analyst estimate of $0.20. Revenue for the quarter came in at $267.6 million versus the consensus estimate of $277.29 million.

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