Match Group Q1 2017, Revenue flat, ARPU flat, Match in decadence

Tinder had stolen paid members from Match, cannibalizing it!
https://seekingalpha.com/news/3262426-match-group-reports-q1-results
Revenue Q1 2017 was USD 299 Million
Revenue Q4 2016 was USD 295 Million

As of March 31, 2017, the Company had USD 436 Million in cash and cash equivalents and had USD 1.2 Billion of long-term debt.
The Company has a USD 500 Million revolving credit facility, which was undrawn as of March 31, 2017 and currently remains undrawn.
As of March 31, 2017, IAC’s ownership interest and voting interest in Match Group were 82.3 % and 97.9 %, respectively.

"Match and OKCupid generally on plan": that is code for worse than expected.

The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.  

Please see:
SA article: Match Group And Investing In Tinder
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/05/sa-article-match-group-and-investing-in.html

Alexa shows an inverse spike after 2017 New Year's Eve for several online dating sites including Match, PlentyOfFish, Zoosk, eHarmony, EliteSingles and many more!
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/03/inverse-spike-after-new-years-eve-via.html

Badoo is in war with Zoosk and Badoo backed Bumble to fight and destroy Tinder.
Tinder is in big war with Badoo, and can not outperform it.
The mission of Tinder was to kill Badoo, but it seems Tinder is killing Match.
It seems there is an internal war between Tinder and Match App.
If Tinder is cannibalizing Match and Match Group now wants to promote more Match App and not much Tinder because Tinder is not monetizing as expected?

Astronomical compensations to their C-level executives but not going to innovate and revolutionize the Online Dating Industry in the next years.

Also be alerted several complaints about Match dot com suggest ... database is full of old & inactive profiles, scammers, fake profiles, etc!
Perhaps Only way to sustain that huge revenue is creating fake profiles from inside to entice customers to subscribe. ??? 
  
Please see also:
LAWSUIT Chad Perkins et al. v. Match Group Inc. et al., case number 1:17-cv-2988
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/04/lawsuit-chad-perkins-et-al-v-match.html