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Strong user growth drives Bumble's revenue beat, upbeat forecast

TechnologyStrong user growth drives Bumbles revenue beat, upbeat forecast Reuters 2 minute read The Bumble Inc. (BMBL) app is shown on an Apple iPhone in this photo illustration as the dating app operator made its debut IPO on the Nasdaq stock exchange February 11, 2021. REUTERS/Mike Blake/Illustration Bumble Inc (BMBL.O) forecast current-quarter revenue above estimates on Wednesday after beating expectations for the first, as more people turned to its online dating app to socialize while...
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Strong user growth drives Bumble's revenue beat, upbeat forecast - Netscape Money & Business

Strong user growth drives Bumbles revenue beat, upbeat forecast 05/12/2021 22:55 (Reuters) -Bumble Inc forecast current-quarter revenue above estimates on Wednesday after beating expectations for the first, as more people turned to its online dating app to socialize while staying indoors during the COVID-19 pandemic. The owner of the dating app that requires women to make the first move said total paying users surged 30% in the first three months of the year to 2.8 million, driving a more than ...
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4 Reasons to Buy Bumble Now and 4 Reasons to Wait

Bumbles (NASDAQ:BMBL) stock recently popped after the online dating company posted its first quarterly report as a public company. Its fourth-quarter revenue rose 31% year-over-year to $165.6 million. Bumbles revenue from its namesake app, which lets female users make the first move, increased 47% to $105.8 million. Its revenue from the older dating app Badoo, which is more popular in Europe and Latin America, and other smaller businesses rose 10% to $59.8 million. Bumbles adjusted EBITDA surge...
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Source: fool.com

How to use Bumble Bizz for professional networking

Hinterhaus Productions/Getty Images Bumble Bizz is a separate section of the dating app that focuses on making professional connections. Bumble Bizz works exactly the same as the Date section, but you show off your work experience and professional goals. Just like the rest of the app, men cant message women first — women make the first move. The advent of dating apps like Tinder and Bumble changed the dating game, introducing phrases like "swipe right" and "swipe...
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Dating app Bumble expects pent up demand

2 Min Read (This March 10 story corrects paragraph six to clarify that women are required to make the first move) FILE PHOTO: The Bumble Inc. (BMBL) app is shown on an Apple iPhone in this photo illustration as the dating app operator made its debut IPO on the Nasdaq stock exchange February 11, 2021. REUTERS/Mike Blake/Illustration (Reuters) - Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it report...
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Bumble Gives Upbeat Outlook, Signaling Return to Social Life

Bumble Gives Upbeat Outlook, Signaling Return to Social Life Bloomberg 3/10/2021 Brody Ford (Bloomberg) -- Bumble Inc., owner of the dating app where women make the first move, gave an outlook for revenue in the first quarter that slightly beat analysts’ estimates, reflecting optimism that a waning coronavirus will encourage people to ramp up their social lives. “There has never been a moment in recent history that will present itself with such a demand to meet new people ...
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Source: msn.com

Bumble expects pent up demand from those who avoided meeting amid Covid

By Sohini Podder (Reuters) - Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue. Dating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity. The company said it will build its friendship product Bumble BFF beyond its minimum viable offeri...
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Should You Fall in Love With Bumble's IPO?

Author Bio Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised ...
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Source: fool.com

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