Match Group Inc Q1 2022 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Daniel Salmon - BMO Capital Markets Equity Research - Analyst : Shar, you spoke, obviously, about some of your personal reasons for making the change and know that you aren't going anywhere either. But could you tell us a little bit more maybe about how long you've been considering this decision and why you think this was the right time to make it? And then second, you mentioned several highlights of Bernard's track record over the past 20 years. But are there may be 1 or 2 things that really made him stand out from other candidates in the eyes of the Board that you'd highlight? And any insights into some of the specific things you think he'll be focused on when he takes the reins? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 04, 2022 / 12:30PM, MTCH.OQ - Q1 2022 Match Group Inc Earnings Call

Question: Cory Alan Carpenter - JPMorgan Chase & Co, Research Division - Analyst : It's Cory Carpenter from JPMorgan. Doug is not making a surprise appearance. One question we've been getting a lot is how the online dating category, and Match in particular, may be impacted during the economic slowdown or even recession. Hoping you could talk a bit about what you've seen during prior recessions or periods of economic weakness around user engagement and monetization. And just how -- in general, how you would expect the category to be from a resilience perspective?