Bumble (BMBL) Misses Q1 EPS by 1c, Offers Guidance

Bumble (NASDAQ: BMBL) reported Q1 EPS of ($0.01), $0.01 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $243 million versus the consensus estimate of $240.98 million.

GUIDANCE:

Bumble sees Q2 2023 revenue of $254-258 million, versus the consensus of $256.7 million.

• Total Revenue in the range of $254 million to $258 million, which includes:
• Bumble App Revenue of $205 million to $208 million.
• Adjusted EBITDA in the range of $62 million to $64 million.

Full year 2023:

• Total Revenue year over year growth in the range of 16% to 19%.
• Bumble App Revenue year over year growth in the range of 22% to 25%.
• Adjusted EBITDA margin growth of at least 100 basis points.

For earnings history and earnings-related data on Bumble (BMBL) click here.

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