Match Group Inc Q1 2023 Earnings Call Summary

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

Question: Shweta R. Khajuria - Evercore ISI Institutional Equities, Research Division - Analyst : Could you please talk about Hinge? You're guiding to $400 million in annual revenues. You're reiterating your guide. How should we think about Hinge's sustainable growth and margin profile as an asset? And what gives you confidence that Hinge and Tinder both can grow concurrently?

Question: Shweta R. Khajuria - Evercore ISI Institutional Equities, Research Division - Analyst : Yes, that's helpful.

Question: Bradley D. Erickson - RBC Capital Markets, Research Division - Analyst : Just a couple of follow-ups here. I think historically, the company had looked at some of these features geared for women and had largely, I guess, not really decided to pursue them. So I guess just what's changed? Maybe speak to any testing data from these early efforts to kind of reinforce the thesis there. And how do you think about payer penetration on that -- those products relative to Tinder overall? And then I might have missed it from earlier, but just quickly on the free cash flow guide. I think that was a little bigger step down versus the revenue or EBITDA. So maybe just anything to call out there that's driving that, any comments on sort of general free cash conversion relative to EBITDA going forward.

Question: Cory Alan Carpenter - JPMorgan Chase & Co, Research Division - Analyst : Gary, you touched on the app stores a bit in your prepared remarks, but hoping you could expand on your thoughts around some of the developments like the Epic and Apple's appeals or like Google's concessions in the U.K., et cetera and just what you think the potential impact could be to Match.