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Gary Swidler

Advisor, Match

Search every verified Gary Swidler interview, podcast appearance, and on-the-record quote โ€” each transcript cross-checked by AI and human review to confirm speaker identity. In an August 2023 interview on CNBC's "Squawk on the Street," Match Group President and CFO Gary Swidler discussed the company's second-quarter earnings and addressed concerns about Tinder's user decline. Swidler stated that the company has "definitely haven't hit saturation in the U.S. market or any market," adding that there are "still so many people out there who are single or who are using dating apps." He expressed that Match Group sees room for growth in both developed markets like the U.S. and Europe and less developed markets like Asia. Swidler noted that the company raised its revenue expectations for the third quarter and the rest of the year, describing the second quarter as "a really strong quarter." He attributed margin expansion to a combination of revenue growth and cost reductions, saying, "We have reduced costs across the board and made a little bit more financially disciplined." Swidler also commented on the resilience of the business amid economic pressures, observing that the service is "a small purchase" at $15 to $20 per month and that the company has "not seen significant impact on our business throughout this economic cycle."

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  • Match Group CFO: We definitely have not hit saturation for Tinder users in the U.S. market

    Match Group CFO Gary Swidler joins 'Squawk on the Street' to discuss their Q2 earnings, the decline in Tinder users, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIviย  ยป Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision ยป Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.โ€ฆ

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