The 3rd Annual Dating App-Led Research Study Highlights Inflation's Grip on Gen Z Latines, Evolving Views on Immigration, War, and Rising Mental Health Concerns DALLAS , Aug. 8, 2024 /PRNewswire/ -- Match Group's Chispa, the #1 dating app made for Latin singles in the United States, in collaboration with the Center for Multicultural Science, releases the highly anticipated third annual "Latine in College 2024" study. This comprehensive study provides critical insights into the experiences and perspectives of Hispanic college students aged 18-24, shedding light on the impact of current economic, social, and political issues on their lives.

Match Group, Inc. MTCH reported better-than-expected second-quarter revenue results and issued strong third-quarter revenue guidance, after the closing bell on Tuesday.

Match Group's (MTCH) second-quarter results benefit from strength in Tinder and Hinge despite sluggish growth in total payers.

Match Group, Inc. (NASDAQ:MTCH ) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Tanny Shelburne - Senior Vice President, Investor Relations Bernard Kim - Chief Executive Officer Gary Swidler - President and Chief Financial Officer Conference Call Participants Nathan Feather - Morgan Stanley Jason Helfstein - Oppenheimer Youssef Squali - Truist Securities Dan Salmon - New Street Research Ken Gawrelski - Wells Fargo Chris Kuntarich - UBS Justin Patterson - KeyBanc Cory Carpenter - JPMorgan Ygal Arounian - Citigroup Shweta Khajuria - Wolfe Research Benjamin Black - Deutsche Bank Curtis Nagle - Bank of America Operator Welcome to the Match Group Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Match Group announced Tuesday that it has discontinued livestreaming services in its dating apps, resulting in a 6% reduction in workforce. The news was delivered during the dating app giant's second quarter earnings report.

Markets opened strong on Wednesday morning, bolstered by positive earnings from big companies. Not everyone met the same expectations.

Match Group (NASDAQ: MTCH ) layoffs are a hot topic on Wednesday as the dating website operator is preparing to reduce its headcount due to demand changes. Match Group, the parent of popular dating app Tinder, is going to reduce its headcount by 6%.

Match Group Inc (NASDAQ:MTCH)., the parent company of Tinder, plans to reduce its global workforce by 6% due to a decline in users paying for Tinder.

Match Group reported Q2 earnings, with Hinge performing well while Tinder struggled. While revenue increased by single digits, the volume of paying users fell across the board with only Hinge reporting an increase in paying user volume. Match faces pressure from activist investors to improve performance and cut costs, else go private.

Although the revenue and EPS for Match Group (MTCH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Match Group (MTCH) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.

Shares of Match Group rallied about 10% in the extended session Tuesday after the online-dating company said it sees a clear path for growth at Tinder, which has been losing users.