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May 21, 2018

Match Reports Highest Quarterly Revenue Growth Since 2015 IPO

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Online dating pioneer Match Group (NASDAQ: MTCH) is looking for love in all the right places. In fact, the parent company of Tinder, Match.com, OKCupid and other dating sites continues to grow. On May 8, in the company’s first quarter earnings report, Match Group reported total revenue of $407.4 million, a 36 percent increase over the first quarter of 2017. The company also reported net earnings of $100 million, or $0.33 per diluted share, representing growth of 397 percent.

More Credit Catastrophes: How To Cope When A Card Payment Fails

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Credit cards are a blessing and a curse for subscription publishers and monthly box merchants. Yes, auto-pay on a regular basis is sweet indeed, but it comes with the peril of card default. Cards expire or max out, customers dispute charges, and more … but there are ways to minimize the detrimental effects of credit card declines and chargebacks on your subscription business.

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