Stock Track | Bumble Stock Soars After Beating Q3 Revenue Estimates, Fueled by Growth in Paid Users

Stock Track
2024-11-07

Bumble Inc.'s stock surged nearly 9% in after-hours trading on Wednesday, after the dating app company reported better-than-expected third-quarter revenue, driven by an increase in paid subscriptions.

The company's revenue for the quarter was $273.6 million, surpassing analysts' average estimate of $271.9 million. This growth was fueled by a 10% year-over-year increase in the number of paying users on the Bumble app, which reached 2.9 million, up by 52,000 from the previous quarter.

Despite the strong third-quarter performance, Bumble provided a cautious outlook for the fourth quarter, forecasting revenue between $256 million and $262 million, slightly below analysts' expectations of $260.2 million. This guidance suggests that the company may face challenges in sustaining the robust growth in paid subscribers amid potential economic headwinds.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10