Match Group Shares Gain on Q2 Beat 
<p><a href='https://financialmodelingprep.com/financial-summary/MTCH'>Match Group (NASDAQ:MTCH)</a> experienced a more than 3% intra-day gain today following the release of its Q2 financial results and the outlook for the current quarter.</p>
<p>In Q2, the company reported impressive figures, with adjusted earnings per share amounting to $0.48 on revenue of $830 million. These results surpassed Street expectations, which had estimated earnings of $0.44 per share on revenue of $811.36 million. The company's adjusted operating margin for the quarter stood at an impressive 36%.</p>
<p>Notably, Tinder, owned by Match Group, played a significant role in driving positive performance. Tinder's revenue witnessed a year-over-year increase of 6%, reaching $475 million. This growth was primarily driven by a notable acceleration in subscription revenue throughout the quarter. Additionally, Tinder's marketing and product initiatives contributed to improved trends in new user acquisitions and reactivations, further bolstering revenue.</p>
<p>Looking ahead to the current quarter, the company anticipates revenue to reach $880 million, surpassing market consensus, which had projected Q3 revenue to be $863.4 million. </p>

NASDAQ:MTCH