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.
Stay informed about the latest developments from Bumble Inc., the publicly traded operator of dating and social networking platforms including Bumble, Badoo, Bumble For Friends, and Geneva. Track company announcements, financial results, product updates, and strategic initiatives affecting this NASDAQ-listed technology company.
Bumble Inc. news coverage includes quarterly earnings reports, user growth metrics, subscription trends, and average revenue per paying user statistics that impact investor sentiment. Follow announcements about new platform features, safety enhancements, AI and machine learning implementations, and changes to the user experience across the company's application portfolio.
Monitor developments in the competitive online dating and social networking industry, including market trends, regulatory changes, and evolving user preferences that may affect Bumble Inc.'s business model. Track updates about premium subscription offerings, in-app purchase features, marketing strategies, and expansion into friendship and community-based connection products.
Stay current with executive leadership changes, strategic partnerships, acquisitions of complementary technologies or platforms, and cost optimization initiatives. Receive updates about share repurchase programs, analyst ratings, price target adjustments, and institutional investor activity in BMBL stock. Access timely information about platform safety improvements, moderation technology enhancements, and efforts to improve match quality and user satisfaction across Bumble Inc.'s ecosystem of applications.
Bumble Inc. (NASDAQ: BMBL) reported a 38% increase in total revenue for Q2 2021, reaching $186.2 million. Revenue from the Bumble app surged 55% to $127.3 million, while Badoo app revenue grew 11% to $58.9 million. The company also reported a 20% rise in total paying users to 2.9 million and an increase in average revenue per paying user (ARPPU) to $20.88. Despite a net loss of $11.1 million, adjusted EBITDA improved to $51.9 million. Bumble raised its full-year outlook, predicting revenue between $752 to $762 million.
Bumble Inc. (BMBL) will announce its second-quarter financial results for the period ending June 30, 2021, on August 11, 2021, after market close. A conference call will follow at 4:30 p.m. ET. Interested parties can join the call by dialing (833) 362-0206 or (914) 987-7675 with access code 5974259. Bumble, known for its dating apps Bumble and Badoo, aims to foster healthy relationships and has over 800 employees across multiple global offices. For further information, visit their investor website.
Bumble Inc. (NASDAQ: BMBL) announced its participation in several upcoming investor conferences. The events include the Evercore ISI Technology, Media, and Telecom Conference on June 8, 2021, the Stifel 2021 Virtual Cross Sector Insight Conference on June 10, 2021, and the Goldman Sachs Disruptive Technology Symposium on June 15, 2021. Each fireside chat will be available via live audio webcast, and recordings will be accessible through Bumble's investor relations website. Bumble is known for its dating apps Bumble and Badoo, focusing on empowering women in online dating.
Bumble Inc. (NASDAQ: BMBL) announced its participation in upcoming investor conferences, including the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 25, 2021, and the Cowen 49th Annual Technology, Media and Telecom Conference on June 2, 2021. Both events will feature virtual fireside chats, accessible via live audio webcast and archived replay on Bumble's investor relations website. Bumble, the parent company of the Bumble and Badoo dating apps, focuses on fostering equitable relationships and has over 700 employees across various global offices.
Bumble Inc. (NASDAQ: BMBL) reported strong Q1 2021 results with revenue of $170.7 million, a 116% increase year-over-year. The Bumble app generated $112.6 million, while Badoo and others contributed $58.1 million. Total paying users rose 30% to 2.8 million, with an Average Revenue Per Paying User (ARPPU) of $19.99. Net earnings reached $323.4 million, contrasting with a loss of $55.8 million in Q1 2020. The company expects Q2 2021 revenue between $175 and $178 million and full-year revenue between $724 and $734 million, indicating strong growth potential.
Bumble Inc. (NASDAQ: BMBL), the parent company of Bumble and Badoo, announced it will release its first quarter financial results on May 12, 2021, after market close. A conference call will follow at 4:30 p.m. ET. Bumble is recognized for its unique approach to dating, focusing on empowering women. The company has over 700 employees across its offices in Austin, Barcelona, London, and Moscow. Interested parties can access the earnings release and conference call via the Investors section of their website.
Bumble Inc. (NASDAQ: BMBL) reported strong financial results for Q4 and full year 2020, with a 31% revenue increase to $165.6 million and a 32% rise in total paying users to 2.7 million. The Bumble app revenue surged 47% to $105.8 million, contributing significantly to the overall growth. Despite a net loss of $26.1 million, adjusted EBITDA improved to $44.1 million, marking a 26.6% margin. For 2021, Bumble anticipates revenue between $716 to $726 million and adjusted EBITDA between $173 to $178 million.
Bumble Inc. (NASDAQ: BMBL) will report its financial results for Q4 and the full year ending December 31, 2020, after the market closes on March 10, 2021. The company will conduct a conference call and webcast at 4:30 p.m. ET on the same day. Investors can dial in or access the live webcast on Bumble's investor relations website. Bumble Inc. operates two leading dating apps, Bumble and Badoo, and is dedicated to fostering equitable relationships.
Bumble Inc. has successfully closed its IPO, issuing 57.5 million shares of Class A common stock at $43.00 per share. The offering included a full exercise of underwriters' options for an additional 7.5 million shares. Proceeds will be used to repay senior secured term loans and purchase outstanding equity interests from Blackstone. The stock is listed under the symbol BMBL on Nasdaq. Goldman Sachs and Citigroup led the offering, with several other firms participating as book-running managers.
Bumble Inc. has priced its initial public offering (IPO) at $43.00 per share for 50 million shares, set to trade on Nasdaq under the symbol BMBL starting February 11, 2021. The underwriters have a 30-day option to purchase an additional 7.5 million shares. Bumble intends to use the proceeds to repay a portion of its senior secured term loan and for general corporate purposes. The offering is expected to close on February 16, 2021.
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