Match Group Inc Q3 2021 Earnings Call Transcript

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

Question: Cory Alan Carpenter - JPMorgan Chase & Co, Research Division - Analyst : On the App Store, certainly a lot of moving parts. But based on what we know today, Gary, is there any further guidance you could provide on the way to frame potential App Store relief just as we head into 4Q and 2022?

Question: Shweta R. Khajuria - Evercore ISI Institutional Equities, Research Division - Analyst : Okay. Let me try 2, please. Possible to please comment on recent development related to the lawsuit and your position on the case? And then the second question is, could you please talk about the trends you're seeing in APAC, particularly in Japan? And you touched on Korea, but generally in APAC and the recovery in that region and what is baked in your 2022 top-line growth guidance?

Question: Daniel Salmon - BMO Capital Markets Equity Research - Analyst : Great. I'd just like to follow up a little bit on the change to your revenue outlook for Hyperconnect and perhaps just expand a little bit on the near-term trends you're seeing there across both of the apps. I know there was a little bit of color in the letter, but anything else that you could add would be great. And then just more broadly, any material change to your mid- to long-term outlook for the opportunity for that business?

Question: Daniel Salmon - BMO Capital Markets Equity Research - Analyst : Great. If I could just follow up on one thing, Gary. You mentioned the impact on performance marketing and ATT on that asset, but I don't think you mentioned it as being material to the rest of your business around the world. Is that a function of you relying -- that business relying a little bit more on performance advertising, app install ads, that type of thing to drive new users, whereas maybe Tinder, Hinge and the others tend to be a bit more viral in nature?