(Reuters) – Match Group forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand as customers cut back on discretionary spending amid high inflation.
The company expects revenue between $865 million and $875 million for the fourth quarter, compared with analysts’ average estimate of $905.4 million, according to data compiled by LSEG.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.