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By supporting these free dating sites with your own membership, you ensure that it will remain "cost free" by convincing advertisers that there is a market of people to reach with site ads. shares declined in the extended session Tuesday after the online dating site company reported earnings that missed Wall Street estimates and announced a new chief executive. The company reported second-quarter net income of .4 million, or 17 cents a share, compared to .1 million, or 14 cents a share, in the year-ago period. Revenue rose to 9.6 million from 5.3 million in the year-ago period.
Analysts surveyed by Fact Set had estimated earnings of 19 cents a share on revenue of $310.3 million.
Separately, Match said that its Match Group Americas CEO Mandy Ginsberg would succeed Greg Blatt as Match CEO on Jan. IAC CEO Joey Levin will succeed Blatt as Match chairman at that time, and Blatt will remain a board member.
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