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Analysts expected Match, whose growth driver has been mobile app Tinder, to report earnings of 19 cents on sales of $316 million for the period ended June 30.
Match Group also runs other dating sites After just-issued earnings resulted in a gap-down for Google-parent Alphabet (GOOGL) and a new high for Facebook (FB) this past week, upcoming quarterly reports, headlined by Apple (AAPL), could make for some interesting stock action.
shares declined in the extended session Tuesday after the online dating site company reported earnings that missed Wall Street estimates and announced a new chief executive. The company reported second-quarter net income of $51.4 million, or 17 cents a share, compared to $34.1 million, or 14 cents a share, in the year-ago period. Revenue rose to $309.6 million from $275.3 million in the year-ago period.
Analysts surveyed by Fact Set had estimated earnings of 19 cents a share on revenue of $310.3 million.
The Relative Strength (RS) Rating for Match (MTCH) moved into a new percentile Wednesday, as it got a lift from 67 to 74.
[ibd-display-video id=449423 width=50 float=left autostart=true] This proprietary rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Love Me.com, or A Foreign Affair as it is also known, is a very impressive foreign bride website and is extremely popular with those who are looking for foreign tours to visit their prospective brides.
Love has a wealth of tours available to choose from, together with a vast amount of information to help you get the most from those tours. Established in 1974 as a photo personals magazine, Cherry Blossoms is the longest running foreign bride service in the world.
Like last year, this list represents a range of disciplines.Tags: Adult Dating, affair dating, sex dating