Bumble (BMBL) Misses Q1 EPS by 1c, Offers Guidance

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Go back to Bumble (BMBL) Misses Q1 EPS by 1c, Offers Guidance

Bumble Inc. Announces First Quarter 2023 Results

May 4, 2023 4:05 PM EDT

Total Revenue Increased 16% to $243 Million

Bumble App Revenue Increased 26% to $194 Million

Bumble App Paying Users Increased 31% to 2.3 Million; Grew 98,000 Quarter Over Quarter

Board of Directors Approves $150 Million Share Repurchase Program

AUSTIN, Texas--(BUSINESS WIRE)-- Bumble Inc. (NASDAQ: BMBL), the parent company of Bumble, Badoo, and Fruitz, today reported financial results for the first quarter ended March 31, 2023.

In Q1, we delivered solid revenue growth and strong Bumble App paying user... More