Match's weak quarterly revenue forecast clouds improving trends at Tinder

Aug 4 : Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, overshadowing signs of improvement in its struggling Tinder app and continued growth at its Hinge dating app, sending its shares down 9 per cent in extended trading.The weak outlook stems from the company's Everyone Everywhere brands, including its Asia-based Pairs and Azar businesses, Chief Financial Officer Steve Bailey told Reuters in an interview.Match now expects mid-teens percentage declines in Everyone Everywhere revenue, compared with a low double-digit decline forecast in February, largely due to the Azar app redesign.The company said it expects third-quarter revenue of $885 million to $895 million, with the midpoint coming in below analysts' estimates of $891.5 million, according to data co