The stigma once associated with online dating is disappearing. With an explosion of new websites and apps, the dating services industry has performed very well in the past five years and is continuing to grow as today's singles turn to the Internet for help finding love.
Sites such as Match.
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If you have any questions or encounter any issues in changing your default settings, please email isfeedback nasdaq. Match, whose portfolio includes OkCupid, Tinder and Match. Market cap at 2.
Still, despite the increasing popularity of online dating, concerns remain over the industry's ability to generate a dating market. Following the earnings report, Barclays downgraded the dating market, and both JPMorgan and Merrill Lynch lowered their price targets. Here in the U.
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While Match said that nearly all of its revenue currently comes from paid membership fees on its sites, advertising revenue could be a big source of future growth, especially when it comes to increased usage among mobile users. The dating services industry includes several different segments.
On the other hand, missing estimates is a negative earnings surprise and can tank a stock.