Match, the online dating company, rose 10% as its revenue guidance for the season is strong
Online dating company Match (MTCH.US) saw its stock price rise 10% on Wednesday, driven by effective business transformation and positive prospects for new products.
The company recorded earnings per share of 49 cents in the second quarter, in line with expectations; revenue reached $860 million, exceeding the market expectation of $850 million. The company expects revenue for the current quarter to be between $910 million and $920 million, surpassing the market expectation of $890 million
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