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18-Nov-2019 20:01

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Dating Services are generally characterized by their search functionality which enables its users to establish interpersonal relationships via the internet.This includes the focused search for life partners, flirts or sexual partners.In the last reported quarter, its average subscriber base rose 24% year over year, driven primarily by solid contribution from Tinder. This momentum bodes well for the company’s top-line growth in the quarter under review.Match Group has been reaping profits for the past three years and recording top-line expansion as well.Quote Match Group recently rolled out a Tinder Gold subscription package, which has driven incremental ARPU as well as subscriber growth.Tinder’s ARPU actually grew 32% in the last reported quarter.Both dating portals and apps are incorporated into the examination.

The company has had a dismal earnings surprise history in the trailing four quarters, missing estimates all through, with an average negative surprise of 5.3%.

Online dating has been expanding, as users from more demographics join the fray.



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