3 Reasons to Buy Match Group After Its Latest Earnings Report

The market is in the heart of the first-quarter earnings season, with many stocks reporting their financials for the first three months of 2022. Match Group (NASDAQ: MTCH) is one of these companies, putting out its Q1 earnings after the close on May 3. The online dating conglomerate grew both its revenue and earnings in the quarter and outlined the long-term opportunity with online dating in its shareholder letter. However, even though the business is growing and healthy, the stock is down, and actually lower than when it spun out of InterActiveCorp in 2020.

Down 40% this year, Match Group looks like an attractive investment at these prices. Here are three reasons to buy the stock after its latest earnings report.

Image source: Getty Images.

Source Fool.com