Bumble Inc. Announces First Quarter 2024 Results
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Bumble Inc. (BMBL) PT Raised to $18 at Evercore ISI
May 9, 2024 5:05 AM EDTEvercore ISI analyst Mark Mahaney raised the price target on Bumble Inc. (NASDAQ: BMBL) to $18.00 (from $17.00) while maintaining a Outperform rating.
The analyst comments "Our View: We reiterate Outperform and modestly raised PT to $18 on BMBL in the wake of a Modest Beat & Lower Q1 EPS results. Q2 guide came in modestly softer than expectations, on greater FX headwind (2-pt impact to Q2, 1.5-pt... More
Bumble (BMBL) Tops Q1 EPS by 13c, Offers Guidance
May 8, 2024 4:19 PM EDTBumble (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... More