Ahead of The Match Group’s Q1 results, which will be released tomorrow, former CEO Sam Yagan sat down with CNBC to chat about the dating sector, and where it is heading.
Speaking on CNBC’s “Squawk Alley” at the Milken Institute Global Conference, Yagan – who no longer has “day to day duties” at The Match Group, instead taking up a Vice Chairman role – says he believes the industry is entering a period of stability, with more consolidation, as the top brands reaffirm their place in the space.
And although Match Group shares are down 16% this year, the company has a huge Q1 financial report this week, as we get a glimpse into the finances & growth of its main properties, as well as the highly anticipated Tinder figures.
Watch Yagan’s interview below: