DALLAS (AP) _ Match Group, Inc. (MTCH) on Wednesday reported third-quarter earnings of $132.6 million.
The Dallas-based company said it had profit of 46 cents per share. Earnings, adjusted for one-time gains and costs, were 55 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The media and internet company posted revenue of $639.8 million in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $604.4 million.
Match Group shares have declined 48% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $128.69, a fall of 43% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTCH at https://www.zacks.com/ap/MTCH
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