Tinder Returns to New User Registration Growth in Sign of Turnaround

Match Group Inc. reported first-quarter revenue that beat analysts’ estimates as a decline in Tinder users moderated, suggesting its turnaround strategy is resonating with younger daters.

Revenue was $864 million, up 4% from the same period last year, the company said Tuesday. It cited growing momentum from Tinder’s ongoing product enhancements. Wall Street was looking for $855 million.