💨 Abstract

Match Group, the parent company of dating apps like Tinder and Hinge, has forecast lower-than-expected fourth-quarter revenue, signaling weak demand due to customers cutting back on discretionary spending amid high inflation. The company expects revenue between $865 million and $875 million, compared to analysts' average estimate of $905.4 million.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖