Match Group ($MTCH) Reports 9% Revenue Growth, Faces Challenges with Tinder Usage and Revenue, Stock Drops 5.4% AH

Match Group ($MTCH) reported its earnings with a 9% growth in Total Revenue to $860 million, reaching $880 million on a FX neutral basis. Tinder Direct Revenue increased by 9% (12% FXN). However, Tinder is facing challenges with monthly active users and a decline in à la carte revenue, leading to a 5.4% drop in after-hours trading. Shareholders expressed disappointment with the performance.