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Match Group Swings To Q1 Profit

Match Group, Inc. (MTCH) Tuesday reported first-quarter net income of $174.3 million or $0.57 per share, compared to net loss of $202.8 million or $1.00 per share last year.

Revenues for the first quarter rose to $667.6 million from $544.6 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.40 per share on revenues of $650.66 million.

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