Match Gives Positive Forecast Signaling Dating Thrives in Covid | #tinder | #pof


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Photographer: Gaia Squarci/Bloomberg

Match Group Inc. gave a positive forecast for revenue growth in the current period, suggesting singletons will continue to flock to online dating apps despite a global pandemic.

The Dallas-based owner of apps such as Tinder said it expects third-quarter revenue of at least $600 million, beating the average analyst estimate of $572 million. Match forecast adjusted earnings before interest, taxes, depreciation and amortization of $215 million to $225 million. Analysts had expected $215.8 million, according to data compiled by Bloomberg.


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