Bumble (BMBL) Reports Q4 Loss of $0.01/sh, Revenues Rise 31%; Offers Q1 and FY Guidance

Bumble (NASDAQ: BMBL) reported Q4 EPS of ($0.01), versus $0.00 reported last year. Revenue for the quarter rose 31.1% to $165.6 million, versus $126.3 million reported last year.

“We are committed to our mission, our customers and to advancing the business, which fueled our strong fourth quarter and full year 2020 results,” said Whitney Wolfe Herd, Founder and CEO of Bumble. “Our significant increase in revenue and paying users is a direct result of our team’s dedication and remarkable agility during a challenging pandemic. Looking ahead, we remain focused on driving scale, investing in our users and expanding internationally. Our IPO was a pivotal milestone, but we are just getting started and are excited for the next chapter of our journey.”

GUIDANCE:

Bumble sees Q1 2021 revenue of $163-165 million.

• Adjusted EBITDA in the range of $41 to $42 million.

Bumble sees FY2021 revenue of $716-726 million.

• Adjusted EBITDA in the range of $173 to $178 million.

For earnings history and earnings-related data on Bumble (BMBL) click here.

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