Bumble forecasts quarterly revenue below estimates

Reuters
07 Nov 2024
Bumble forecasts quarterly revenue below estimates

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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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