News

Match Group Q2 Audiocast Set for Wednesday

The Match Group

Match Group (NASDAQ: MTCH) will audiocast a conference call for its second quarter 2018 earnings on Wednesday, 8th August at 8:30 am ET.

The company will also publish its Q2 results along with an investor presentation on its website after the close of market trading on Tuesday, 7th August.

Match Group is the umbrella for Tinder, Match, PlentyOfFish, OkCupid, OurTime, Meetic, Pairs and dozens of other dating services.

The release will likely include commentary on the recent addition of Hinge. Match has acquired a 51% stake, with the option to purchase the remainder of the app in the future.

Match Group has also recently began publicising startup Crown.

CEO Mandy Ginsberg has spoken to publications including Recode and Fortune in recent weeks, stressing that she does not see Facebook’s entry into the market as a significant threat.

She told  Kurt Wagner on the Recode Decode podcast: “Tinder’s our big growth engine, and Tinder tends to skew very young, so 18 to 25. Facebook does not skew that young in general.

“If you’re a 23-year-old and you’re going to be using two or three apps, definitively, we think you’re going to use one of our apps, most likely Tinder.”

Find the financial results here next week.

Scott Harvey

Scott is the Editor of Global Dating Insights. Raised in Dorset, he holds a BA from The University of Nottingham and an MSc from Lund University School of Economics and Management. Previously he has written about politics, economics and technology for various online publications.

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