NASDAQ$MTCH

Match Group, Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported second quarter 2020 results, with revenue up 12% year-over-year.

Match Group's Q2 2020 results showed a 12% increase in total revenue to $555 million. Average Subscribers increased by 11% to 10.1 million, and net earnings from continuing operations attributable to shareholders increased by 10% to $103 million.

  • Total revenue grew 12% over the prior year quarter to $555 million.
  • Operating income was $196 million, an increase of 14% over the prior year quarter.
  • Net earnings from continuing operations attributable to shareholders increased 10% over the prior year quarter to $103 million.
  • Average Subscribers increased 11% to 10.1 million.

Headline financials

Total Revenue

$555M

Previous: $1.19B-53.2%
EPS (adj)

$0.51

Previous: $0.43+18.6%
Capital Expenditures

-$18.1M

Previous: -$76.6M+76.3%
Free Cash Flow

$80.2M

Previous: $36.8M+117.6%
Net Income

$98.3M

Previous: $113M-13.4%
Operating Income

$196M

Previous: $154M+26.8%
Gross Profit

$407M

Previous: $910M-55.3%
Cash & Equivalents

$129M

Previous: $3.15B-95.9%
Total Assets

$2.33B

Previous: $8.3B-71.9%
Stock-Based Comp

$22.1M

Previous: $50M-55.7%

Revenue & EPS history

Match Group · Revenue · Quarterly

$555M

Q2 2020-53.2%vs Q2 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Match Group · $547M total across 1 segment · Q2 2020

  • Direct Revenue
    $547M+12.2%

Forward guidance

Match Group will audiocast a conference call to answer questions regarding its second quarter financial results on Wednesday, August 5, 2020 at 8:30 a.m. Eastern Time. This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor’s understanding of Match Group’s business.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+0.4%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.7%

Avg return

30 days after

54%

37 / 68 earnings

Positive

+28.5%

Q2 2019

Best reaction

-16.5%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-3.2%-10.0%
Q4 2025+5.9%+12.8%+5.4%
Q3 2025+5.2%+5.6%+9.4%
Q1 2025-9.7%-5.2%+4.8%
Q4 2024-7.9%-7.8%-10.6%
Q3 2024-15.8%-13.5%-10.9%
Q2 2024+14.9%+10.5%+12.0%
Q1 2024-7.5%-4.8%+1.4%
Q4 2023+0.0%-2.5%-6.1%
Q3 2023-14.0%-13.5%-4.9%
Q2 2023-1.6%-5.8%+0.8%
Q1 2023-6.7%-7.6%+5.7%
Q4 2022-1.9%-7.5%-20.4%
Q3 2022+5.9%-0.4%+15.6%
Q2 2022-14.0%-7.8%-24.6%
Q1 2022+4.0%-8.2%+4.3%
Q4 2021+4.7%+2.9%-8.6%
Q3 2021-0.7%+4.3%-16.7%
Q2 2021-6.7%-9.6%-8.8%
Q1 2021-3.2%-1.5%-7.8%
Q4 2020-5.4%+9.5%-1.6%
Q3 2020+11.0%+12.8%+19.5%
Q2 2020+9.3%+5.0%+0.1%
Q1 2020+3.2%-0.2%+12.5%
Q4 2019-4.1%-8.6%-20.9%
Q3 2019-5.9%-3.0%-4.3%
Q2 2019+28.5%+19.9%+14.5%
Q1 2019+8.5%+7.5%+13.1%
Q4 2018+0.1%+3.7%-4.8%
Q3 2018-16.5%-16.6%-19.6%
Q2 2018+18.7%+32.3%+31.3%
Q1 2018+4.1%+14.4%+15.5%
Q4 2017+6.5%+5.6%+31.1%
Q3 2017+6.6%+2.6%+7.6%
Q2 2017+4.2%+3.1%+19.2%
Q1 2017-3.6%+0.7%+1.1%
Q4 2016-5.4%+0.2%-8.0%
Q3 2016-13.1%-14.2%-6.1%
Q2 2016-2.2%-1.7%-2.2%
Q1 2016+13.5%
Q4 2015-1.9%
Q2 2015+7.4%
Q3 2015-0.6%
Q1 2015+2.7%
Q4 2014+1.9%
Q2 2014+1.9%
Q3 2014+0.1%
Q1 2014+0.5%
Q4 2013+2.5%
Q3 2013+3.4%
Q2 2013+1.1%
Q1 2013-0.9%
Q4 2012+0.5%
Q3 2012-0.3%
Q2 2012+1.2%
Q1 2012-0.4%
Q4 2011+3.2%
Q3 2011-3.6%
Q2 2011-6.1%
Q1 2010-0.1%
Q1 2011-0.1%
Q4 2008+0.3%
Q4 2010+0.3%
Q3 2010+0.1%
Q3 2009+0.1%
Q4 2009+0.8%
Q2 2010+0.8%
Q2 2009+0.8%

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