Bumble shares dip after forecasting revenue in-line with expectations

Investing.com -- Bumble Inc (NASDAQ: BMBL) shares were falling after the dating app gave guidance that was in line with expectations.

Shares were down 2.7% in after-hours trading and are down 14% so far this year.

Bumble reported second quarter earnings per share of 5 cents on revenue of $259.7 million. That compares with estimates for earnings per share of 4 cents and revenue of $256.6M. Revenue was up 18% from the same time last year. Inc.

Total paying users increased to 3.6M from 3.0M.

The company sees third quarter revenue of $274M to $280M and adjusted earnings before interest, taxes, depreciation, and amortization of $71M to $73M.

For the full year 2023, the company sees revenue of $1.055 billion to $1.072B.

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