{"id":2257,"date":"2016-05-03T00:00:00","date_gmt":"2016-05-03T00:00:00","guid":{"rendered":"https:\/\/mtchdevimport.wpenginepowered.com\/single-news\/423\/"},"modified":"2025-03-19T16:10:30","modified_gmt":"2016-05-03T00:00:00","slug":"423","status":"publish","type":"post","link":"https:\/\/mtch.com\/de\/single-news\/423\/","title":{"rendered":"Match Group Reports Strong Q1 Revenue and Adjusted EBITDA Growth"},"content":{"rendered":"<div class=\"left\">\n<style type=\"text\/css\">\n<p>\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen12{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:1.67em; BORDER-LEFT:1pt; PADDING-RIGHT:0.83em\n}\n.prngen27{\nBORDER-TOP:1pt; 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class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">May 3, 2016<\/span> \/PRNewswire\/ &#8212;\u00a0Match Group (NASDAQ: MTCH) released first quarter 2016 financial results today and separately released an investor presentation which will be reviewed on the earnings conference call.\u00a0 The presentation is available on the Investor Relations\u00a0section of its website at <a href=\"http:\/\/ir.mtch.com\/\" rel=\"nofollow\" target=\"_blank\">http:\/\/ir.mtch.com<\/a>.<\/p>\n<p>&#8222;Match Group posted very strong revenue and Adjusted EBITDA growth in the first quarter, driven by exceptional growth at Tinder, solid performance of Meetic and Match, and the PlentyOfFish acquisition,&#8220; commented <span class=\"xn-person\">Greg Blatt<\/span>, Chairman and CEO of Match Group. &#8222;We expect solid year over year performance throughout the balance of 2016.&#8220;<\/p>\n<p>\n<b>Q1 2016 SUMMARY\u00a0 <\/b>\n<\/p>\n<ul type=\"disc\">\n<li>Adjusted EBITDA nearly doubled over the prior year to <span class=\"xn-money\">$64.6 million<\/span> <\/li>\n<li>Revenue grew 21%, led by 24% revenue growth at Dating <\/li>\n<li>Average PMC grew 36% to 5.1 million <\/li>\n<li>Tinder surpassed 1 million PMC as of the end of the quarter and successfully launched its first \u00e0 la carte paid feature <\/li>\n<li>ARPPU declined 10% and Sales and Marketing as a percentage of revenue declined from 48% to 40%, driven primarily by the acquisition of PlentyOfFish and fast growth at Tinder <\/li>\n<li>Free Cash Flow nearly doubled to <span class=\"xn-money\">$68.5 million<\/span>, while operating cash flow increased 88% to <span class=\"xn-money\">$75.0 million<\/span>\n<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<i>(in thousands, except EPS and ARPPU)<\/i><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$285,283<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$235,069<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">21%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Dating Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">260,401<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">210,147<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">24%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Adjusted EBITDA<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">64,586<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">33,250<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">94%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Adjusted Net Income<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">28,226<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">21,677<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">30%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Adjusted EPS<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.11<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.13<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-18%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Operating Income<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">29,188<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">27,040<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Net Income<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7,152<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">26,206<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-73%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">GAAP Diluted EPS<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.03<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.16<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-83%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Average PMC<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5,083<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,732<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">36%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">ARPPU<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.54<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.60<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-10%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Operating income was up 8%, reflecting the strong Adjusted EBITDA growth, partially offset by:\n<ul type=\"circle\">\n<li>a <span class=\"xn-money\">$3.2 million<\/span> increase in the amount of contingent consideration expected to be paid in connection with the Eureka acquisition, the performance of which is exceeding expectations, compared to an <span class=\"xn-money\">$11.0 million<\/span> reduction in the amount of contingent consideration expected to be paid in connection with the 2013 acquisition of Twoo, which was reflected in Q1 2015; <\/li>\n<li>an additional <span class=\"xn-money\">$11.2 million<\/span> of stock based compensation, about half of which reflects an ongoing increase in expense burden driven by new grants and the remainder of which reflects modification charges and certain awards we don&#8217;t expect to be of a recurring nature; and <\/li>\n<li>an additional <span class=\"xn-money\">$4.4 million<\/span> intangible asset amortization in the current year driven by the acquisitions of Eureka and PlentyOfFish.\u00a0\u00a0 <\/li>\n<\/ul>\n<\/li>\n<li>Adjusted Net Income increased 30% as a result of the increase in Adjusted EBITDA discussed above, offset by <span class=\"xn-money\">$18.3 million<\/span> of additional interest expense in the current year resulting from our <span class=\"xn-chron\">November 2015<\/span> financings.\u00a0 <\/li>\n<li>Adjusted EPS declined 18% as a result of a 59% increase in the adjusted weighted average shares outstanding for the quarter driven primarily by our initial public offering in <span class=\"xn-chron\">November 2015<\/span>.<\/li>\n<\/ul>\n<p>\n<b><br \/>\n<u>Revenue<\/u><br \/>\n<\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<i>(in thousands)<\/i><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Direct Revenue:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">North America<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen12\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$164,382<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$138,522<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">19%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">International<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen12\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">84,646<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">63,364<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">34%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Direct Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">249,028<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">201,886<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">23%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Indirect Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11,373<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8,261<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">38%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dating Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">260,401<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">210,147<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">24%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Non-dating Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">24,882<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">24,922<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$285,283<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$235,069<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">21%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Revenue growth of 24% at Dating was led by strong contributions from Tinder and PlentyOfFish. Non-dating revenue was flat at <span class=\"xn-money\">$24.9 million<\/span>, beneath our expectations due primarily to lower than expected SAT test preparation course volume, which we believe continues to result from recent changes to the exam format. <\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<i>(in thousands)<\/i><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Reported <br \/>Revenue<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Constant <br \/>Currency <br \/>Adjustment<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted <br \/>Revenue<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted<br \/>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Direct Revenue:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">North America<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$164,382<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$164,382<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">19%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">International<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">84,646<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,880<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">88,526<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">40%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Direct Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">249,028<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,880<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">252,908<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">25%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Indirect Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11,373<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">389<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11,762<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">42%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dating Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">260,401<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4,269<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">264,670<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">26%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Non-dating Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">24,882<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">24,882<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$285,283<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$4,269<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$289,552<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">23%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Excluding the impact of foreign exchange in the current period, Match Group revenue would have increased 23% to <span class=\"xn-money\">$289.6 million<\/span> and Dating revenue would have increased by 26%. Acquisition-related deferred revenue write-offs were <span class=\"xn-money\">$3.8 million<\/span> for the quarter and primarily relate to the acquisition of PlentyOfFish in Q4 2015.<\/p>\n<p>\n<b><br \/>\n<u>Dating Average PMC<\/u><br \/>\n<\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<i>(in thousands)<\/i><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Average PMC:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">North America<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,221<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2,553<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">26%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">International<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,862<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,179<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">58%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5,083<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,732<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">36%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Average PMC increased 36% to 5.1 million compared to 3.7 million for the year ago quarter, driven primarily by growth at Tinder and the acquisition of PlentyOfFish.<\/p>\n<p>\n<b><br \/>\n<u>Dating ARPPU<\/u><br \/>\n<\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total ARPPU:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">North America<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen12\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.56<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.60<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-7%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">International<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen12\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.50<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.60<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-16%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.54<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.60<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-10%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>ARPPU was <span class=\"xn-money\">$0.54<\/span> for the first quarter of 2016, compared to <span class=\"xn-money\">$0.60<\/span> in the year ago quarter, driven primarily by growth at Tinder and the acquisition of PlentyOfFish. Excluding the effects of foreign exchange, ARPPU declined 9%. <\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen7\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Reported <br \/>ARPPU<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Constant Currency <br \/>Adjustment<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen8\">\n\n<\/td>\n<td class=\"prngen7\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted<br \/>ARPPU<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen7\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted<br \/>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">North America<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.56<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen12\">\n\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.00<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.56<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-7%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">International<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.50<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen12\">\n\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.02<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.52<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-13%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.54<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen10\">\n\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.01<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$0.55<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-9%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\n<b><br \/>\n<u>Operating Costs and Expenses<\/u><br \/>\n<\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<i>(in thousands)<\/i><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>% of Revenue<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>% of Revenue<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Cost of revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$53,677<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">19%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$38,953<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">17%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">38%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Selling and marketing expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">113,495<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">40%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">111,965<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">48%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">General and administrative expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">51,321<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">18%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">29,738<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">13%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">73%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Product development expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">22,863<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">16,451<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">39%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Depreciation<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">6,487<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7,045<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">-8%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Amortization of intangibles<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8,252<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,877<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">113%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total operating costs and expenses<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$256,095<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">90%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$208,029<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">88%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">23%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Operating expenses increased 23% to <span class=\"xn-money\">$256.1 million<\/span> compared to <span class=\"xn-money\">$208.0 million<\/span> for the year ago quarter. This increase includes:<\/p>\n<ul type=\"disc\">\n<li>a <span class=\"xn-money\">$3.2 million<\/span> increase in the amount of contingent consideration expected to be paid in connection with the Eureka acquisition, the performance of which is exceeding expectations, compared to an <span class=\"xn-money\">$11.0 million<\/span> reduction in the amount of contingent consideration expected to be paid in connection with the 2013 acquisition of Twoo, which was reflected in Q1 2015; and \n<\/li>\n<li>an additional <span class=\"xn-money\">$11.2 million<\/span> of stock-based compensation, about half of which reflects an ongoing increase in expense burden driven by new grants and the remainder of which reflects modification charges and certain awards we don&#8217;t expect to be of a recurring nature. <\/li>\n<\/ul>\n<p>Operating expenses also includes <span class=\"xn-money\">$2.1 million<\/span> of costs related to the consolidation and streamlining of our technology systems and European operations compared to <span class=\"xn-money\">$3.3 million<\/span> in Q1 2015. \n<\/p>\n<p>\n<b><br \/>\n<u>Adjusted EBITDA <\/u><br \/>\n<\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<i>(in thousands)<\/i><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Q1 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Growth<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dating Adjusted EBITDA<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$67,274<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$37,864<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">78%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Non-dating Adjusted EBITDA<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(2,688)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4,614)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">42%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Match Group Adjusted EBITDA<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$64,586<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$33,250<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">94%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dating Adjusted EBITDA Margin<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">26%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">18%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">7.8 pts<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total Match Group Adjusted EBITDA Margin<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">23%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">14%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">8.5 pts<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Adjusted EBITDA increased 94% due primarily to the higher revenue and a decrease in sales and marketing expenses as a percentage of revenue as our sales mix continues to shift towards brands with lower marketing spend, as well as narrowing losses at our Non-dating business.\u00a0 Additionally, costs incurred related to the consolidation and streamlining of our technology systems and European operations were <span class=\"xn-money\">$2.1 million<\/span>, a decline of <span class=\"xn-money\">$1.2 million<\/span> compared to Q1 2015. As a result of these changes, Dating Adjusted EBITDA margin increased to 26% from 18% in the prior year, while total Match Group Adjusted EBITDA margin increased to 23% compared to 14% in the prior year.<\/p>\n<p>\n<b>OTHER ITEMS<\/b>\n<\/p>\n<p>Interest expense in the quarter was <span class=\"xn-money\">$20.4 million<\/span>, consisting primarily of interest costs associated with the Company&#8217;s term loan and senior notes, as well as commitment fees on its revolving credit facility. <\/p>\n<p>The effective tax rates in Q1 2016 and Q1 2015 were 42% and 24%, respectively. In Q1 2016, the effective rate was higher than the statutory rate of 35% due primarily to the non-deductible losses on contingent consideration fair value adjustments, partially offset by foreign income taxed at lower rates. \u00a0In Q1 2015, the effective rate was lower than the statutory rate of 35% due primarily to the non-taxable gain on contingent consideration fair value adjustments. \u00a0The effective tax rates for Adjusted Net Income in Q1 2016 and Q1 2015 were 31% and 36%, respectively.\u00a0 The Q1 2016 effective tax rate for Adjusted Net Income is lower than the prior year primarily due to an increase in foreign income taxed at lower rates.<\/p>\n<p>\n<b><br \/>\n<i>LIQUIDITY AND CAPITAL RESOURCES<\/i><br \/>\n<\/b>\n<\/p>\n<p>As of <span class=\"xn-chron\">March 31, 2016<\/span>, Match Group had 248.9 million common and class B common shares outstanding.\u00a0 <\/p>\n<p>As of <span class=\"xn-chron\">March 31, 2016<\/span>, the Company had <span class=\"xn-money\">$147.5 million<\/span> in cash and cash equivalents and marketable securities.\u00a0 Additionally, the Company had <span class=\"xn-money\">$1.2 billion<\/span> of long-term debt (<span class=\"xn-money\">$40 million<\/span> matures in the next twelve months).\u00a0 Match Group has a <span class=\"xn-money\">$500 million<\/span> revolving credit facility.\u00a0 The credit facility was undrawn as of <span class=\"xn-chron\">March 31, 2016<\/span> and currently remains undrawn.<\/p>\n<p>As of <span class=\"xn-chron\">March 31, 2016<\/span>, IAC&#8217;s ownership interest and voting interest in Match Group were 84.6% and 98.2%, respectively.<\/p>\n<p>\n<b>DILUTIVE SECURITIES<\/b>\n<\/p>\n<p>Match Group has various tranches of dilutive securities.\u00a0 The table below details these securities as well as potential dilution at various stock prices (shares in millions; rounding differences may occur). <\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">As of<br \/>4\/29\/2016<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dilution at:<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Share Price<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>$11.40<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>$ \u00a0 \u00a0 \u00a0 \u00a0 12.00<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>$ \u00a0 \u00a0 \u00a0 \u00a013.00<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>$ \u00a0 \u00a0 \u00a0 \u00a0 14.00<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>$ \u00a0 \u00a0 \u00a0 \u00a0 15.00<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Absolute Shares as of 4\/29\/16<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>248.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>248.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>248.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>248.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>248.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<u><br \/>\n<b>Vested Options &amp; Awards<\/b><br \/>\n<\/u><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Subsidiary Equity Plans<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11.5<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">10.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">9.4<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8.8<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Match Options<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1.4<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1.7<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2.3<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2.6<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">IAC Equity<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Total Dilution- Vested Options &amp; Awards<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>13.1<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>12.7<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>12.2<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>11.8<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>11.5<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<u><br \/>\n<b>Unvested Options &amp; Awards<\/b><br \/>\n<\/u><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Subsidiary Equity Plans<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5.7<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5.4<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4.6<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4.3<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Match Options<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.4<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.7<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1.2<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1.7<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">2.3<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Match RSUs<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.3<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.4<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.4<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.5<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.5<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">IAC Equity<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.2<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.2<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">0.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Total Dilution- Unvested Options &amp; Awards<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>6.6<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>6.6<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>6.8<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>6.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>7.2<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen18\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Total Dilution<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prnsbtbl prnsbr1 prnvab prnsbb1 prntar prnpl6 prnsbl1 prnpr10\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>19.7<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>19.4<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>19.0<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>18.7<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>18.7<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0\u00a0\u00a0\u00a0\u00a0% Dilution<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen4\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7.3%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7.2%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7.1%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7.0%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7.0%<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Total Diluted Shares Outstanding<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>268.6<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>268.3<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>267.9<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>267.6<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>267.6<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>The dilution calculation above assumes that all exercise proceeds from Match Group options, and all expected tax benefits associated with the vesting or exercise of all awards, are used to purchase Match Group shares at the time of such vesting or exercise (as the case may be), whether or not such repurchases actually occur. \u00a0This methodology differs from the treasury stock method used for GAAP because it: (i) excludes from the assumed proceeds the impact of future non-cash compensation of all unvested stock-based awards; (ii) includes in assumed proceeds the entire tax benefit received upon the exercise of options or the vesting of restricted and performance-based stock awards rather than only the excess tax benefit; and (iii) includes the shares related to performance- and market-based awards that are considered probable of vesting, if dilutive. This reflects the way the Company&#8217;s management generally thinks about dilution and we believe it is the best reflection of the true economic costs of our equity compensation programs. We present dilution in this precise way for the first time here. <\/p>\n<p>The Subsidiary Equity Plans line item includes stock options, stock appreciation rights and warrants denominated in the equity of Tinder and The Princeton Review. These awards will ultimately be settled by granting shares of our common stock to the holders of the awards equal in value at the time of exercise to the spread on the awards. \u00a0The IAC equity awards represent options, restricted stock units, and performance-based stock units denominated in the shares of IAC which were issued to employees of Match Group prior to our public offering. When exercised, IAC will settle the awards with shares of IAC and Match Group will issue additional shares to IAC as compensation. The number of common shares reflected in the dilution table above reflects the current market price of IAC and our estimates of the fair value of Tinder and The Princeton Review, each at various market prices of our common stock.\u00a0 \u00a0The number of shares of our common stock ultimately required to settle these awards will fluctuate from the number of shares reflected in the table above based upon changes in our stock price, changes in IAC&#8217;s stock price, and any differences between the estimates of fair value of Tinder and The Princeton Review used to compute dilution in the table above and the ultimate fair values of these businesses determined in connection with any future liquidity events related to the associated equity awards. <\/p>\n<p>\n<b>CONFERENCE CALL<\/b>\n<\/p>\n<p>Match Group will audiocast a conference call to answer questions regarding its first quarter financial results on <span class=\"xn-chron\">Wednesday, May 4, 2016<\/span> at <span class=\"xn-chron\">8:30 a.m. Eastern Time<\/span>.\u00a0 This call will include the disclosure of certain information, including forward-looking information, which may be material to an investor&#8217;s understanding of Match Group&#8217;s business.\u00a0 The live audiocast will be open to the public at, and the investor&#8217;s presentation reviewing the results has been posted on, <a href=\"http:\/\/ir.mtch.com\/\" rel=\"nofollow\" target=\"_blank\">http:\/\/ir.mtch.com<\/a>. <\/p>\n<p>\n<b>GAAP FINANCIAL STATEMENTS <\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen5\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>MATCH GROUP CONSOLIDATED AND COMBINED STATEMENT OF OPERATIONS<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>(in thousands except per share amounts)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen7\" colspan=\"2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Three Months Ended March 31,<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2016<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2015<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0285,283<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0235,069<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Operating costs and expenses:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Cost of revenue (exclusive of depreciation shown separately below)<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">53,677<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">38,953<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Selling and marketing expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">113,495<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">111,965<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">General and administrative expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">51,321<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">29,738<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Product development expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">22,863<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">16,451<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Depreciation<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">6,487<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7,045<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Amortization of intangibles\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8,252<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,877<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total operating costs and expenses<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">256,095<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">208,029<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Operating income\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">29,188<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">27,040<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Interest expense &#8211; third party<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(20,431)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Interest expense &#8211; related party<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(2,179)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Other income, net<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,607<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">9,307<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Earnings before income taxes\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">12,364<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">34,168<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Income tax provision\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(5,145)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(8,288)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net earnings\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7,219<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">25,880<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Net (earnings) loss attributable to noncontrolling interests<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen27\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(67)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">326<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net earnings attributable to Match Group, Inc. shareholders<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen28\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a07,152<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen28\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a026,206<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Per share information attributable to Match Group, Inc. shareholders:<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0\u00a0\u00a0Basic earnings per share<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.03<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.16<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0\u00a0\u00a0Diluted earnings per share<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.03<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.16<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Basic shares outstanding<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">248,444<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">161,130<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Diluted shares outstanding<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">268,099<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">168,928<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Stock-based compensation expense by function:<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Cost of revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 402<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 86<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Selling and marketing expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">938<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">933<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">General and administrative expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">10,197<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4,253<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Product development expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5,961<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,027<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total stock-based compensation expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a017,498<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a06,299<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntar prnpl10 prnsbl1 prnpr6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>MATCH GROUP CONSOLIDATED BALANCE SHEET<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>($ in thousands)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen27\">\n\n<\/td>\n<td class=\"prngen27\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>March 31,<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen31\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>December 31,<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2016<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2015<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>ASSETS<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Cash and cash equivalents\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 135,898<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a088,173<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Marketable securities\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11,622<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">11,622<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Accounts receivable, net\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">68,975<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">65,851<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Other current assets\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">40,395<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">39,049<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Total current assets\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">256,890<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">204,695<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Property and equipment, net\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">50,807<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">48,067<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Goodwill\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,301,880<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,292,775<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Intangible assets, net\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">271,017<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">276,408<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Long-term investments\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">54,855<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">55,569<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Other non-current assets\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">29,435<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">31,878<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>\u00a0TOTAL ASSETS\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a01,964,884<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 1,909,392<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen16\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>\u00a0LIABILITIES AND SHAREHOLDERS&#8216; EQUITY\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>\u00a0LIABILITIES\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Current portion of long-term debt\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 40,000<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a040,000<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Accounts payable\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">28,827<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">25,767<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Deferred revenue\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">191,553<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">169,321<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Accrued expenses and other current liabilities\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">122,418<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">118,556<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Total current liabilities\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">382,798<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">353,644<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Long-term debt, net of current maturities\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,167,897<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">1,176,871<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Income taxes payable\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">9,325<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">9,670<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Deferred income taxes\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">35,472<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">34,947<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Other long-term liabilities\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">55,886<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">49,542<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Redeemable noncontrolling interests\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5,971<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">5,907<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Commitments and contingencies\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>\u00a0SHAREHOLDERS&#8216; EQUITY\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">\u00a0Total Match Group, Inc. shareholders&#8216; equity\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">307,535<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">278,811<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>\u00a0TOTAL LIABILITIES AND SHAREHOLDERS&#8216; EQUITY\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a01,964,884<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 1,909,392<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<td class=\"prngen6\">\n\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntar prnpl10 prnsbl1 prnpr8\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>MATCH GROUP CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>($ in thousands)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen7\" colspan=\"2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Three Months Ended March 31,<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2016<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2015<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Cash flows from operating activities:<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net earnings<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a07,219<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a025,880<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Adjustments to reconcile earnings to net cash provided by operating activities:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Stock-based compensation expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">17,498<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">6,299<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Depreciation<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">6,487<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7,045<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Amortization of intangibles<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8,252<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,877<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Excess tax benefits from stock-based awards<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4,044)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(12,835)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Deferred income taxes<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(159)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">595<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Acquisition-related contingent consideration fair value adjustments<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,161<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(11,011)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Other adjustments, net<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(242)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(11,078)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Changes in assets and liabilities, net of effects of acquisitions:<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Accounts receivable<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(2,234)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(8,317)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Other assets<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(1,792)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(1,968)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Accounts payable and accrued expenses and other current liabilities<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">20,617<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">19,402<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Income taxes payable<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(707)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4,588<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Deferred revenue<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">20,911<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">17,487<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net cash provided by operating activities<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">74,967<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen25\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">39,964<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Cash flows from investing activities:<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Acquisitions, net of cash acquired<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(2,252)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(3,809)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Capital expenditures<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(6,467)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4,344)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Other, net<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4,250<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(405)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net cash used in investing activities<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4,469)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(8,558)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Cash flows from financing activities:<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Principal payment on long-term debt<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(10,000)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Issuance of common stock pursuant to stock-based awards, net of withholding taxes\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4,453)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Excess tax benefits from stock-based awards<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">4,044<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">12,835<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Transfers to IAC<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(45,862)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Purchase of noncontrolling interests<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(308)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Other, net<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(12,180)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net cash used in financing activities<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(22,589)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(33,335)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Effect of exchange rate changes on cash and cash equivalents<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(184)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(6,016)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net increase (decrease) in cash and cash equivalents<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">47,725<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen32\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(7,945)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Cash and cash equivalents at beginning of period<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">88,173<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">127,630<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Cash and cash equivalents at end of period<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0135,898<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0119,685<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p>\n<b>RECONCILIATIONS OF GAAP TO NON-GAAP MEASURES\u00a0\u00a0 <\/b>\n<\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>MATCH GROUP RECONCILIATION OF OPERATING CASH FLOW TO FREE CASH FLOW<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>($ in millions; rounding differences may occur)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen7\" colspan=\"2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Three Months Ended March 31,<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2016<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2015<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Net cash provided by operating activities\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 75.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 40.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Capital expenditures<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(6.5)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4.3)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Free Cash Flow\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 68.5<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 35.6<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>For the three months ended <span class=\"xn-chron\">March 31, 2016<\/span>, consolidated Free Cash Flow increased <span class=\"xn-money\">$32.9 million<\/span> due primarily to higher Adjusted EBITDA and increased deferred revenue. <\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen5\" colspan=\"3\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>MATCH GROUP RECONCILIATION OF GAAP EPS TO ADJUSTED EPS<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>(in thousands except per share amounts)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<td class=\"prngen23\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen7\" colspan=\"2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Three Months Ended March 31,<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2016<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\"><br \/>\n<b>2015<\/b><br \/>\n<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Net earnings attributable to Match Group, Inc. shareholders<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,152<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 26,206<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Stock-based compensation expense<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">17,498<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">6,299<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Amortization of intangibles\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">8,252<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,877<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Acquisition-related contingent consideration fair value adjustments\u00a0<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">3,161<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(11,011)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Impact of income taxes and noncontrolling interests<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(7,837)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(3,694)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted Net Income<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 28,226<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 21,677<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>GAAP Basic weighted average shares outstanding<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">248,444<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">161,130<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Options and RSUs, treasury method<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">19,655<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">7,798<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>GAAP Diluted weighted average shares outstanding<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">268,099<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">168,928<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Impact of RSUs and other<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">656<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">153<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted EPS weighted average shares outstanding<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">268,755<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">169,081<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>GAAP Diluted earnings per share<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen28\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.03<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen28\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.16<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted EPS<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen28\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.11<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen28\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.13<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>For Adjusted EPS purposes, the impact of RSUs on shares outstanding is based on the weighted average number of RSUs outstanding, including performance-based RSUs outstanding that the Company believes are probable of vesting.\u00a0 For GAAP diluted EPS purposes, RSUs, including performance-based RSUs for which the performance criteria have been met, are included on a treasury method basis. <\/p>\n<div>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"7\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>MATCH GROUP RECONCILIATION OF SEGMENT NON-GAAP MEASURE TO GAAP MEASURE<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>($ in millions; rounding differences may occur)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen17\" colspan=\"6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>For the three months ended March 31, 2016<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen17\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted <br \/>EBITDA<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Stock-based <br \/>compensation <br \/>expense<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Depreciation<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Amortization of <br \/>intangibles<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Acquisition-related <br \/>contingent <br \/>consideration fair <br \/>value adjustments\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Operating <br \/>income (loss)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dating<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 67.3<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(17.4)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(5.8)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(6.7)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (3.2)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 34.2<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Non-dating<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(2.7)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(0.1)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(0.7)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(1.5)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(5.0)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 64.6<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(17.5)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(6.5)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(8.3)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (3.2)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 29.2<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen17\" colspan=\"6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>For the three months ended March 31, 2015<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Adjusted EBITDA<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Stock-based compensation expense\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Depreciation<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Amortization of intangibles<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Acquisition-related <br \/>contingent <br \/>consideration fair <br \/>value adjustments\u00a0<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<b>Operating income (loss)<\/b><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Dating<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 37.9<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(6.0)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(4.6)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(2.2)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a011.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 36.1<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Non-dating<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(4.6)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(0.3)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(2.5)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(1.7)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">&#8211;<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">(9.0)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\">Total<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 33.3<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(6.3)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(7.0)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen33\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0(3.9)<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a011.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<td class=\"prngen29\" nowrap=\"nowrap\">\n<p class=\"prnews_p\">\n<span class=\"prnews_span\"><br \/>\n<span class=\"prnews_span\">$ \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 27.0<\/span><br \/>\n<\/span>\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<td class=\"prngen22\">\n\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>\u00a0<\/p>\n<p class=\"prntac\">\n<b><br \/>\n<i>MATCH GROUP&#8217;S PRINCIPLES OF FINANCIAL REPORTING<\/i><br \/>\n<\/b>\n<\/p>\n<p>Match Group reports Adjusted EBITDA, Adjusted Net Income, Adjusted EPS and Free Cash Flow, all of which are supplemental measures to GAAP.\u00a0 These measures are among the primary metrics by which we evaluate the performance of our businesses, on which our internal budgets are based and by which management is compensated.\u00a0 We believe that investors should have access to, and we are obligated to provide, the same set of tools that we use in analyzing our results.\u00a0 These non-GAAP measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP results.\u00a0 Match Group endeavors to compensate for the limitations of the non-GAAP measures presented by providing the comparable GAAP measures with equal or greater prominence and descriptions of the reconciling items, including quantifying such items, to derive the non-GAAP measures.\u00a0 We encourage investors to examine the reconciling adjustments between the GAAP and non-GAAP measures, which are included in this release.\u00a0 Interim results are not necessarily indicative of the results that may be expected for a full year.<\/p>\n<p>\n<b><br \/>\n<i>Definitions of Non-GAAP Measures<\/i><br \/>\n<\/b>\n<\/p>\n<p>\n<u>Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (Adjusted EBITDA)<\/u> is defined as operating income excluding: (1) stock-based compensation expense; (2) depreciation; and (3) acquisition-related items consisting of (i) amortization of intangible assets and impairments of goodwill and intangible assets and (ii) gains and losses recognized on changes in the fair value of contingent consideration arrangements.\u00a0 We believe Adjusted EBITDA is useful for analysts and investors as this measure allows a more meaningful comparison between our performance and that of our competitors.\u00a0 Moreover, our management uses this measure internally to evaluate the performance of our business as a whole and our individual business segments.\u00a0 The above items are excluded from our Adjusted EBITDA measure because these items are non-cash in nature, and we believe that by excluding these items, Adjusted EBITDA corresponds more closely to the cash operating income generated from our business, from which capital investments are made and debt is serviced. \u00a0Adjusted EBITDA has certain limitations in that it does not take into account the impact to our consolidated statement of operations of certain expenses.<\/p>\n<p>\n<u>Adjusted Net Income<\/u> generally captures all items on the statement of operations that have been, or ultimately will be, settled in cash and is defined as net earnings attributable to Match Group Inc. shareholders excluding, net of tax effects and noncontrolling interests, if applicable: (1) stock-based compensation expense, and (2) acquisition-related items consisting of (i) amortization of intangibles and impairments of goodwill and intangible assets and (ii) gains and losses recognized on changes in the fair value of contingent consideration arrangements.\u00a0 We believe Adjusted Net Income is useful to investors because it represents Match Group&#8217;s consolidated results taking into account depreciation, which management believes is an ongoing cost of doing business, as well as other charges that are not allocated to the operating businesses such as interest expense, income taxes and noncontrolling interests, but excluding the effects of any other non-cash expenses.<\/p>\n<p>\n<u>Adjusted EPS<\/u> is defined as Adjusted Net Income divided by fully diluted weighted average shares outstanding for Adjusted EPS purposes.\u00a0 We include dilution from options in accordance with the treasury stock method and include all restricted stock units (&#8222;RSUs&#8220;) in shares outstanding for Adjusted EPS, with performance-based RSUs included based on the number of shares that the Company believes are probable of vesting.\u00a0 This differs from the GAAP method for including RSUs, which are treated on a treasury method, and performance-based RSUs, which are included for GAAP purposes only to the extent the performance criteria have been met (assuming the end of the reporting period is the end of the contingency period).\u00a0 Shares outstanding for Adjusted EPS purposes are therefore higher than shares outstanding for GAAP EPS purposes.\u00a0 We believe Adjusted EPS is useful to investors because it represents, on a per share basis, Match Group&#8217;s consolidated results, taking into account depreciation, which we believe is an ongoing cost of doing business, as well as other charges, which are not allocated to the operating businesses such as interest expense, income taxes and noncontrolling interests, but excluding the effects of any other non-cash expenses.\u00a0 Adjusted Net Income and Adjusted EPS have the same limitations as Adjusted EBITDA.\u00a0 Therefore, we think it is important to evaluate these measures along with our consolidated statement of operations.<\/p>\n<p>\n<u>Free Cash Flow<\/u> is defined as net cash provided by operating activities, less capital expenditures.\u00a0 We believe Free Cash Flow is useful to investors because it represents the cash that our operating businesses generate, before taking into account cash movements that are non-operational.\u00a0 Free Cash Flow has certain limitations in that it does not represent the total increase or decrease in the cash balance for the period, nor does it represent the residual cash flow for discretionary expenditures.\u00a0 Therefore, we think it is important to evaluate Free Cash Flow along with our consolidated statement of cash flows. \u00a0<\/p>\n<p>\n<b>Non-Cash Expenses That Are Excluded From Our Non-GAAP Measures<\/b>\n<\/p>\n<p>\n<u>Stock-based compensation expense<\/u> consists principally of expense associated with the grants of stock options, RSUs, and performance-based RSUs.\u00a0 These expenses are not paid in cash.\u00a0 We view the true cost of stock options, RSUs and performance-based RSUs as the dilution to our share base, and such awards are included in our shares outstanding for Adjusted EPS purposes as described above under the definition of Adjusted EPS.\u00a0 Upon the exercise of certain stock options and vesting of RSUs and performance-based RSUs, the awards are settled, at the Company&#8217;s discretion, on a net basis, with the Company remitting the required tax-withholding amount from its current funds.<\/p>\n<p>\n<u>Depreciation<\/u> is a non-cash expense relating to our property and equipment and is computed using the straight-line method to allocate the cost of depreciable assets to operations over their estimated useful lives.<\/p>\n<p>\n<u>Amortization of intangible assets and impairments of goodwill and intangible assets<\/u> are non-cash expenses.\u00a0 At the time of an acquisition, the identifiable definite-lived intangible assets of the acquired company, such as customer lists, content, trade names, technology and franchise rights, are valued and amortized over their estimated lives.\u00a0 Value is also assigned to acquired indefinite-lived intangible assets, which comprise trade names and trademarks, and goodwill that are not subject to amortization.\u00a0 An impairment is recorded when the carrying value of an intangible asset or goodwill exceeds its fair value.\u00a0 We believe that intangible assets represent costs incurred by the acquired company to build value prior to acquisition and the related amortization and impairment charges of intangible assets or goodwill, if applicable, are not ongoing costs of doing business. <\/p>\n<p>\n<u>Gains and losses recognized on changes in the fair value of contingent consideration arrangements<\/u> are accounting adjustments to report contingent consideration liabilities at fair value.\u00a0 These adjustments can be highly variable and are excluded from our assessment of performance because they are considered non-operational in nature and, therefore, are not indicative of current or future performance or ongoing costs of doing business. <\/p>\n<p>\n<b>Free Cash Flow<\/b>\n<\/p>\n<p>We look at Free Cash Flow as a measure of the strength and performance of our businesses, not for valuation purposes.\u00a0 In our view, applying &#8222;multiples&#8220; to Free Cash Flow is inappropriate because it is subject to timing, seasonality and one-time events.\u00a0 We manage our business for cash and we think it is of utmost importance to maximize cash \u2013 but our primary valuation metrics are Adjusted EBITDA and Adjusted EPS.<\/p>\n<p class=\"prntac\">\n<b><br \/>\n<i>OTHER INFORMATION<\/i><br \/>\n<\/b>\n<\/p>\n<p>\n<b>Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995<\/b>\n<\/p>\n<p>This press release and our conference call, which will be held at <span class=\"xn-chron\">8:30 a.m. Eastern Time<\/span> on <span class=\"xn-chron\">May 4, 2016<\/span>, may contain &#8222;forward\u2011looking statements&#8220; within the meaning of the Private Securities Litigation Reform Act of 1995.\u00a0The use of words such as &#8222;anticipates,&#8220; &#8222;estimates,&#8220; &#8222;expects,&#8220; &#8222;plans&#8220; and &#8222;believes,&#8220; among others, generally identify forward-looking statements.\u00a0These forward-looking statements include, among others, statements relating to: Match Group&#8217;s future financial performance, Match Group&#8217;s business prospects and strategy, anticipated trends and other similar matters. These forward\u2011looking statements are based on management&#8217;s current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict.\u00a0Actual results could differ materially from those contained in these forward\u2011looking statements for a variety of reasons, including, among others: competition, our ability to maintain user rates on our higher monetizing dating products, our ability to attract users to our dating products through cost-effective marketing and related efforts, foreign currency exchange rate fluctuations, our ability to distribute our dating products through third parties and offset related fees, the integrity and scalability of our systems and infrastructure (and those of third parties) and our ability to adapt ours to changes in a timely and cost-effective manner, our ability to\u00a0 protect our systems from cyberattacks and to protect personal and confidential user information, risks relating to certain of our international operations and acquisitions and certain risks relating to our relationship with IAC\/InterActiveCorp, among other risks. Certain of these and other risks and uncertainties are discussed in Match Group&#8217;s filings with the Securities and Exchange Commission. Other unknown or unpredictable factors that could also adversely affect Match Group&#8217;s business, financial condition and results of operations may arise from time to time. In light of these risks and uncertainties, these forward\u2011looking statements may not prove to be accurate. Accordingly, you should not place undue reliance on these forward\u2011looking statements, which only reflect the views of Match Group management as of the date of this press release. Match Group does not undertake to update these forward-looking statements.<\/p>\n<p>\n<b><br \/>\n<b><br \/>\n<u>About Match Group<\/u><br \/>\n<\/b><br \/>\n<\/b>\n<\/p>\n<p>Match Group (NASDAQ: MTCH) is the world&#8217;s leading provider of dating products.\u00a0 We operate a portfolio of over 45 brands, including Match, OkCupid, PlentyOfFish, Tinder, Meetic, Twoo, OurTime, BlackPeopleMeet and FriendScout24, each designed to increase our users&#8216; likelihood of finding a romantic connection.\u00a0 Through our portfolio of trusted brands, we provide tailored products to meet the varying preferences of our users.\u00a0 We currently offer our dating products in 38 languages across more than 190 countries.\u00a0 In addition to our dating business, we also operate The Princeton Review, which provides a variety of test preparation, academic tutoring and college counseling services.<\/p>\n<p>\n<b>Match Group<\/b> <br \/>8300 Douglas Ave., <span class=\"xn-location\">Dallas<\/span>, TX\u00a0 75225, (214) 576-9352 <a href=\"https:\/\/mtch.com\/\" rel=\"nofollow\" target=\"_blank\">https:\/\/mtch.com<\/a> <\/p>\n<p id=\"PURL\">To view the original version on PR Newswire, visit:<a href=\"http:\/\/www.prnewswire.com\/news-releases\/match-group-reports-strong-q1-revenue-and-adjusted-ebitda-growth-300262093.html\" id=\"PRNURL\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/www.prnewswire.com\/news-releases\/match-group-reports-strong-q1-revenue-and-adjusted-ebitda-growth-300262093.html<\/a>\n<\/p>\n<p>SOURCE  Match Group<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DALLAS, May 3, 2016 \/PRNewswire\/ &#8212;\u00a0Match Group (NASDAQ: MTCH) released first quarter 2016 financial results today and separately released an investor presentation which will be reviewed on the earnings conference call.\u00a0 The presentation is available on the Investor Relations\u00a0section of its website at http:\/\/ir.mtch.com. &#8222;Match Group posted very strong revenue and Adjusted EBITDA growth in [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":1661,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-single-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/posts\/2257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/comments?post=2257"}],"version-history":[{"count":0,"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/posts\/2257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/media\/1661"}],"wp:attachment":[{"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/media?parent=2257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/categories?post=2257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mtch.com\/de\/wp-json\/wp\/v2\/tags?post=2257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}