Welcome to our dedicated page for Bumble news (Ticker: BMBL), a resource for investors and traders seeking the latest updates and insights on Bumble stock.
Bumble Inc. (NASDAQ: BMBL) is an online dating and social connection company that operates the Bumble, Badoo, Bumble For Friends, and Geneva apps. This news page aggregates company announcements, earnings releases, and other official updates that shed light on how Bumble is managing its platforms, finances, and strategy within the internet content and information sector.
Recent Bumble Inc. news has focused heavily on quarterly financial results and related commentary from management. The company regularly issues press releases detailing Total Revenue, Bumble App Revenue, Badoo App and Other Revenue, Total Paying Users, and Average Revenue per Paying User (ARPPU). These updates often include management’s discussion of Adjusted EBITDA and other non-GAAP financial measures, along with forward-looking financial outlooks for upcoming quarters.
Investors following BMBL news will also see strategic and corporate developments. Examples in the provided disclosures include the announcement of a global workforce reduction to realign the operating structure, the appointment of a new Chief Financial Officer, and additions to the executive leadership team in technology, communications, and legal roles. Bumble has also announced a Tax Receivable Agreement (TRA) buyout, described as a one-time settlement that terminates future TRA payment obligations and is expected to affect its long-term contractual commitments and cash flow profile.
In addition, Bumble’s news releases highlight its focus on product innovation, AI and machine learning capabilities, and user safety features, particularly as part of its revenue strategy and efforts to improve the quality of its member base. For ongoing insight into Bumble Inc.’s performance and priorities, readers can use this page to follow its earnings announcements, restructuring updates, leadership changes, and other material events as they are disclosed.
Bumble Inc. (NASDAQ: BMBL) announced its fourth quarter and full year 2022 financial results, reporting a total revenue of $903.5 million, up 19% year-over-year. The fourth quarter saw a 16.7% revenue increase to $241.6 million, despite a $12.7 million adverse impact from foreign currency. Bumble App revenue surged 27.7% to $190.8 million with paying users increasing 35% to 2.2 million. However, net loss widened to $159.2 million, compared to a loss of $13.9 million in Q4 2021. The company anticipates Q1 2023 revenue between $238 million and $243 million amid ongoing foreign currency challenges.
Bumble Inc. (NASDAQ: BMBL) will report its financial results for the fourth quarter and full year ending December 31, 2022, after market close on February 22, 2023. A live webcast of the conference call will follow at 4:30 p.m. ET. Investors can access the earnings release and related materials on the Investors section of Bumble's website. Bumble, founded in 2014 by Whitney Wolfe Herd, focuses on building equitable relationships through its platforms: Bumble, Badoo, and Fruitz. Through these services, the company connects users for dating, friendship, and professional networking.
Bumble Inc. (NASDAQ: BMBL) announced its participation in the Raymond James Technology Investors Conference on December 7, 2022. Management will engage in a fireside chat scheduled for 9:10 a.m. ET. The event will be accessible via live audio webcast on the company's investor website.
As the parent company of Bumble, Badoo, and Fruitz, Bumble Inc. focuses on fostering equitable relationships through various platforms including dating, friendship, and professional networking.
Bumble Inc. (BMBL) reported a 17% increase in total revenue for Q3 2022, totaling $233 million. The Bumble app revenue rose 28% to $181 million, with paying users increasing by 36% to 2.1 million. Net earnings reached $26 million, while adjusted EBITDA was $62 million. Despite foreign currency challenges impacting revenues, the company remains optimistic about future growth. For Q4 2022, Bumble anticipates total revenue between $232 million and $237 million.
Bumble Inc. (NASDAQ: BMBL) will release its third-quarter financial results for the period ending September 30, 2022, on November 9, 2022. The announcement will follow the market close, with a live conference call scheduled for 4:30 p.m. ET to discuss the results. Investors can access the earnings release and related materials on the Company's Investor website, and a replay of the webcast will be available shortly after the live event.
Bumble Inc. (NASDAQ: BMBL) will participate in the Goldman Sachs Communacopia + Technology Conference on September 12, 2022, at 3:45 p.m. PT in San Francisco. The event will feature a fireside chat with company management, accessible via a live audio webcast on the investor section of Bumble's website.
Founded by Whitney Wolfe Herd in 2014, Bumble promotes equitable relationships with its apps Bumble, Badoo, and Fruitz, each designed to foster healthy connections.
Bumble Inc. (NASDAQ: BMBL) announced its participation in the Evercore ISI 2nd Annual Technology Conference in New York on September 7, 2022. The management will engage in a fireside chat at 1:30 p.m. ET, which will be accessible via live audio webcast on the Company’s investor website.
Bumble, founded by Whitney Wolfe Herd in 2014, focuses on empowering women in dating. Its subsidiaries, Badoo and Fruitz, offer unique approaches to online dating. For more details, visit their website.
Bumble Inc. (NASDAQ: BMBL) reported Q2 2022 revenue of $220.5 million, an 18.4% increase year-over-year. Bumble App revenue rose 33.2% to $169.6 million, with paying users growing by 31% to 1.9 million. Total paying users reached 3.0 million, and average revenue per paying user (ARPPU) increased to $23.65. Despite a net loss of $6.4 million, adjusted EBITDA grew to $54.8 million, or 24.8% of revenue. The financial outlook for Q3 2022 predicts total revenue between $236 million and $240 million, and for the full year, $920 million to $930 million, while accounting for foreign currency impacts and increased expenses.
Bumble Inc. (NASDAQ: BMBL) will announce its second-quarter financial results for the period ending June 30, 2022, after market close on August 10, 2022. A live webcast of the conference call will occur at 4:30 p.m. Eastern Time, providing investors with insights into the company's performance. The earnings release and related materials will be accessible in the Investors section of the company’s website. Bumble, established in 2014, prioritizes equitable relationship-building through its platforms, including Bumble, Badoo, and Fruitz.
Bumble Inc. (NASDAQ: BMBL) will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 23, 2022, at 3:10 p.m. ET. The company’s management will engage in a fireside chat, which will be available via live audio webcast and subsequently archived on Bumble’s investor relations website. Bumble, founded by Whitney Wolfe Herd in 2014, is known for its dating platforms, Bumble, Badoo, and Fruitz, emphasizing equitable relationships and open communication.