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Match Group Beats On Q4 Earnings, Authorizes $1B Share Buy-Back

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Match Group, Inc. (NASDAQ:MTCH) reported better-than-expected fourth-quarter financial results on Tuesday after the bell. Here’s a look at the highlights.

The Details:

Match Group reported quarterly earnings of 81 cents per share which beat the analyst consensus estimate of 49 cents by 65.31%. The company reported quarterly sales of $866 million, beating the analyst consensus estimate of $861.22 million by 0.56% and representing a 10.16% increase over sales of $786.15 million from the same period last year.

The company also reported that the board has authorized …

Full story available on Benzinga.com

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