Match also announced an investment in Egypt-based dating app Harmonica as part of its plan to expand its revenue streams around the globe.
Match Group skyrocketed as much as 20% in aftermarket trading Thursday after beating analyst estimates for second-quarter earnings and boosting its yearly revenue forecast. Tinder drove much of the company's revenue growth by gaining more than 500,000 users over the three-month period, a 37% year-over-year improvement. Match also announced an investment in Egypt-based dating app Harmonica, the next step in its plan for global expansion. Watch Match Group trade live here.
Match Group skyrocketed as much as 20% in aftermarket trading Thursday after beating analyst estimates for second-quarter earnings and boosting its yearly revenue forecast. Tinder drove much of the company's revenue growth by gaining more than 500,000 users over the three-month period, a 37% year-over-year improvement. Match also announced an investment in Egypt-based dating app Harmonica, the next step in its plan for global expansion. Watch Match Group trade live here.
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