Bumble's App Revamp And Underwhelming Q1 Guidance Keeps The Analysts Waiting - Details Here
Bumble BMBL stock tanked after the company issued first-quarter revenue guidance below estimates and announced a quarter-over-quarter decline in paying app users.
Bumble tumbles on weak revenue forecast, analysts remain cautious on turnaround prospects
Bumble Inc (NASDAQ:BMBL) shares plunged more than 26% after the social networking platform projected a decline in paying users and revenue for the first quarter. The company guided revenue in the range of $242 million and $248 million for Q1, below estimates of $257.2 million.
Toll Brothers, Bumble Shares Plummet After Earnings
Investors are reacting strongly to earnings reports from Toll Brothers Inc (NYSE:TOL) and Bumble Inc (NASDAQ:BMBL), sending both stocks sharply lower in early trading.
Bumble sunsets acquired apps, Fruitz and Official, to cut costs
Bumble is discontinuing its two acquired apps, the dating and relationship apps Fruitz and Official. The move was shared during the company's fourth-quarter earnings call on Wednesday.
BMBL & ETSY Struggle in Earnings, ADI Beats
Bumble (BMBL) plunged after the company missed on earnings and continues to slide on revenue per user. Etsy Inc. (ETSY) saw similar issues in its report due to compressed consumer spending.
Bumble turnaround ‘still in early innings,' as analysts cut estimates
“Product-driven turnarounds take time,” said J.P Morgan.
BMBL Tumble, Paying Users Slip Lower
Jenny Horne examines online matchmaking company Bumble (BMBL) after an earnings miss. The company says Paying App users declined month over month, and it issued 1Q guidance under Wall Street estimates.
Bumble shares slide after weak forecast signals slow dating app turnaround
Bumble's shares fell 16% on Wednesday after the dating app operator forecast first-quarter revenue below market estimates, as it continues to grapple with a slowdown in the growth of paying users.
Bumble Inc. (BMBL) Q4 2024 Earnings Call Transcript
Bumble Inc. (BMBL) Q4 2024 Earnings Call Transcript
Bumble investors shrug off revamp, shares drop as forecast disappoints
Shares of Bumble Inc. slid after hours on Tuesday after the dating app forecast first-quarter sales that missed Wall Street's expectations, as it tries to reinvent itself to help users better connect.
Bumble Reports Earnings | Closing Bell
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Bumble forecasts first-quarter revenue below estimates
Bumble forecast its first-quarter revenue below analysts' estimate on Tuesday, signaling that the dating app operator's efforts to boost its sluggish growth rate is taking longer than expected.
