Bumble Inc. reported strong first-quarter earnings, surpassing analysts' expectations with an EPS of $0.19, compared to the estimated $0.07. The company's revenue also exceeded forecasts, reaching $267.8 million against an estimate of $265.5 million. This represents a 10.2% increase year-over-year. Bumble's total paying users rose to approximately 4 million, up from 3.5 million a year earlier. For the second quarter, Bumble expects revenue between $269 million and $275 million, below the expected $278.6 million, including Bumble App revenue projected between $218 million to $222 million. Bumble's stock price increased by 6.4% after hours.
Dropbox double beat, CEO: "In Q1, our core business delivered in-line revenue and better than anticipated profitability" $DBX: +4.5% AH https://t.co/QR12Fd6pun
$DBX | Dropbox Q1 Earnings: - Adj EPS $0.58 (Est. $0.50)π’ - Sales $631.30M (Est. $628.67M) π’
$BMBL (+10.5% pre) Bumble Inc. (BMBL) Q1 Earnings and Revenues Top Estimates https://t.co/NvTLmPYAK6
Bumble reports Q1 revenue up 10.2% YoY to $267.8M, vs. $265.5M est., total paying users of ~4M, up from 3.5M a year ago, and expects Q2 revenue below estimates (@i_jass / Reuters) https://t.co/coe1hLTg0f π« Subscribe: https://t.co/OyWeKSRpIM https://t.co/ytB7NJGVlJ
Bumble double beat CEO: "We delivered solid Q1 financial results while making great progress on our plans to unlock Bumbleβs next phase of growth" $BMBL: +6.4% AH https://t.co/shx11aWMMs
Bumble surprise beat.... $BMBL Q1 EPS $0.19, $0.13 better estimate of $0.06. - Rev came in at $268mn versus est of $265.53mn GUIDANCE: - Bumble sees Q2 24 rev of $269-275mn vs $278.6mn - Rev in range of $269mn to $275mn, which includes: - Bumble App Rev of $218 million to $222β¦ https://t.co/VbT854Gjxy
$BMBL | Bumble Q1 Earnings: - EPS: $0.19 (Est. $0.07)π’ - Sales $267.77M (Est. $265.47M) π’