Match Group Shares Dropped 5% on Disappointing Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/MTCH'>Match Group, Inc. (NASDAQ:MTCH) </a>shares dropped 5% on Thursday following the company’s disappointing Q4 results, with EPS coming in at ($0.60), significantly lower than the consensus estimate of $0.53. Revenue was $806 million, compared to the consensus estimate of $818.29 million.</p>
<p>The company expects Q1/22 revenue in the range of $790-800 million, compared to the consensus estimate of $835.75 million, reflecting the ongoing effects of both Omicron and some incremental FX headwinds. </p>
<p>According to the analysts at RBC Capital, the path forward looks much cleaner & clearer with guidance appearing to have been set conservatively. A fuller re-opening, Hyperconnect improvement and likely Hinge upside all point to likely upside. </p>

NASDAQ:MTCH