Bumble forecasts quarterly revenue below estimates

Reuters

2024/11/07

Nov 6 (Reuters) - Dating app operator Bumble BMBL.O forecast fourth-quarter revenue below analysts' expectation on Wednesday, signaling sluggish spending by users on its dating apps.

The company expects fourth-quarter revenue between $256 million to $262 million, compared with analysts' average estimate of $260.2 million, according to data compiled by LSEG.

(Reporting by Priyanka.G in Bengaluru; Editing by Mohammed Safi Shamsi)

((Priyanka.G@thomsonreuters.com;))

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