With its vast portfolio of brands, Match Group has become the leader in the online dating space.
Match Group reported third-quarter results which beat our projections and consensus on the top and bottom line. Strength in Match’s September quarter paid member count and revenue per user, driven by the rollout of Tinder Gold, helped the firm’s revenue surpass expectations, which we believe supports our network effect-based narrow moat rating of the firm. Management upped its 2017 guidance as the firm now expects growth momentum in users and revenue per user to continue during fourth quarter. I...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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