Reports Q3 revenue $273.6M, consensus $271.87M. “We delivered on our financial objectives for the third quarter as we executed on our plans to reimagine Bumble (BMBL) App to enable the next generation of online-to-real-world connections,” said Lidiane Jones, CEO of Bumble Inc. “Our work is focused on strengthening our ecosystem, rolling out a rebalanced marketing approach to drive high-quality user growth, achieving a steady cadence of product releases, and evolving our revenue strategy to better align with customer value. Our work will take time, but our powerful brand, scale, technical infrastructure and healthy financial position provide us with a strong foundation to build toward our vision.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMBL:
- Bumble options imply 12.2% move in share price post-earnings
- Notable companies reporting after market close
- JPMorgan positive on Match, cautious on Bumble into Q3 reports
- Stellantis cuts 2024 targets, TPG acquires AT&T’s DirecTV stake: Morning Buzz
- Dating apps push friend-finding, community-building products, FT reports