Bumble (BMBL) Tops Q3 EPS by 1c, Guides Q4 Revenues Above
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Bumble (BMBL) Shares Fall 9% on 'Blip' in User Growth, Analysts Remain Positive
November 11, 2021 7:37 AM ESTShares of Bumble (NASDAQ: BMBL) are down more than 9% in pre-open Thursday after the company reported Q3 results.
Bumble reported Q3 EPS of ($0.06) to beat the analyst estimate of ($0.07). Revenue for the quarter came in at $200.5 million, slightly ahead of the consensus estimate of $199.75 million.
In the third quarter, we delivered strong revenue growth and successful execution across our strategic priorities including driving user engagement, expanding into new markets, launching innovative product and safety features, and... More
Bumble Inc. (BMBL) PT Lowered to $58 at Susquehanna
November 11, 2021 6:29 AM ESTSusquehanna analyst Shyam Patil lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $58.00 (from $70.00) while maintaining a Positive rating.
The analyst commented, "BMBL continues to make progress on its key initiatives - including Bumble Premium, BFF, Biz and Consumables - setting the... More
