Shares of Bumble Inc. (BMBL) surged 5.89% on November 7, 2024, as the dating app company reported better-than-expected Q3 earnings results and provided updates on its strategic transformation initiatives.
Bumble reported adjusted earnings per share of $2.33 for the third quarter, surpassing analyst estimates of $0.19. Although revenue slightly missed expectations at $273.6 million, the company exceeded its adjusted EBITDA guidance, driven by strong operational focus and disciplined cost management.
The company's solid financial performance was further bolstered by its robust share repurchase program. Bumble repurchased $90 million worth of shares in Q3 2024, bringing the total amount returned to shareholders since the inception of the buyback program to $361 million.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。