PR NEWSWIRE - Match Group reported $831M in Q1 2025 revenue, down 3% YOY. Paying users dropped 5% to 14.2M, though revenue per payer slightly increased. Operating income fell 7% to $173M. Tinder continued to see a decline in direct revenue, down 7% as paying users fell 6%. Hinge's revenue rose 23% as paying users increased 19%. CEO Spencer Rascoff is driving major restructuring, cutting 13% of the workforce (325 employees) and consolidating teams to save ~$100M annually. New product features include Tinder's AI Discovery and The Game Game, plus an improved AI match algorithm on Hinge that boosted match rates by 15%. The company also expanded globally across multiple brands. $195M in stock was repurchased.
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