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Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+

Evan Gorelick / Bloomberg :

Bloomberg Evan Gorelick

Discussion

  • @thetranscript_ @thetranscript_ on x
    Bumble misses on revenues CEO: “...it's evident that to reignite the user growth engine for Bumble in the long term, we need to take a firm stance towards delivering customer value that goes beyond this launch” $BMBL: -23% AH More: https://finchat.io/... [image]
  • @pkedrosky Paul Kedrosky on x
    I see that Bumble is off 30% afterhours, absolutely cratering on current numbers and outlook.  While much of that dating app's problems are Bumble-specific, the data on dating apps is poor, with interest falling off, especially among young people.  Thoughts?  Are running clubs th…