Bumble (BMBL) Tops Q1 EPS by 13c, Offers Guidance

Bumble (NASDAQ: BMBL) reported Q1 EPS of $0.19, $0.13 better than the analyst estimate of $0.06. Revenue for the quarter came in at $268 million versus the consensus estimate of $265.53 million.

GUIDANCE:

Bumble sees Q2 2024 revenue of $269-275 million vs $278.6.

• Total Revenue in the range of $269 million to $275 million, which includes:
• Bumble App Revenue of $218 million to $222 million.
• Adjusted EBITDA in the range of $69 million to $73 million.
• Full Year 2024:
• Total Revenue year over year growth in the range of 8% to 11%.
• Bumble App Revenue year over year growth in the range of 9% to 11%.
• Adjusted EBITDA margin growth of at least 300 basis points.

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

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