Match Group Expects Tinder Direct Revenue Growth Of Close To 10% YoY
Portfolio Pulse from Benzinga Newsdesk
Match Group anticipates a nearly 10% year-on-year growth in direct revenue from Tinder.
August 04, 2023 | 10:27 am
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POSITIVE IMPACT
Match Group's forecast of nearly 10% YoY growth in Tinder's direct revenue could positively impact its stock price.
The projected growth in Tinder's direct revenue indicates a strong performance for the platform, which is a key part of Match Group's portfolio. This could lead to increased investor confidence and a potential rise in Match Group's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100