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Bumble Inc. reports developments tied to its online dating and social-connection apps, including Bumble, Badoo, Bumble For Friends and Geneva. The company’s updates center on financial results, Bumble App revenue, Badoo App and Other revenue, paying-user trends, average revenue per paying user, operating cash flow, adjusted EBITDA and impairment charges.
Recurring news also covers product and technology initiatives across its app ecosystem, member-quality and trust efforts, executive appointments, workforce realignment and material capital or tax-related actions. Bumble’s business is primarily supported by recurring subscriptions and in-app purchases across dating, friendship, professional networking and community-based connection products.
Bumble Inc. (Nasdaq: BMBL) announced an underwritten public offering of 12,500,000 shares of its Class A common stock by certain selling stockholders, including affiliates of Blackstone Inc.. The offering is conducted under an effective shelf registration statement filed with the SEC on March 2, 2023. Blackstone has the option to purchase an additional 1,875,000 shares within 30 days. Bumble will not sell shares or receive proceeds but will bear the associated costs except for underwriting discounts. Citigroup and Goldman Sachs are the lead underwriters.
Bumble Inc. (NASDAQ: BMBL), the parent company of popular dating platforms Bumble, Badoo, and Fruitz, will participate in the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 6, 2023. A fireside chat featuring company management will take place at 2:05 p.m. PT and will be available via a live audio webcast on Bumble's investor relations website.
The company, founded in 2014 by CEO Whitney Wolfe Herd, focuses on enabling equitable relationships through its platforms, including Bumble Date, Bumble BFF, and Bumble Bizz.
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.