Match Group reports Q4 EPS 30c, consensus 46c

Reports Q4 revenue $786M, consensus $787.29M. Payers declined 1% to 16.1 million compared to the prior year quarter. Tinder Direct Revenue was flat over the prior year quarter with 3% Payers growth to 10.8 million, offset by RPP declines of 2%. The company said: "Match Group has always prioritized financial discipline and this focus runs throughout the organization. With macroeconomic challenges and uncertainties persisting, we will continue to look for opportunities to streamline operations and maximize profitability. Under our new organizational structure, which we announced last week, we’ve increased accountability to achieve our key strategic objectives, invest in our growth opportunities, and realize our financial goals."