Bumble (BMBL) Tops Q2 EPS by 7c, Guidance Misses Views

Bumble (NASDAQ: BMBL) reported Q2 EPS of $0.22, $0.07 better than the analyst estimate of $0.15. Revenue for the quarter came in at $269 million versus the consensus estimate of $273.18 million.

GUIDANCE:

Bumble sees Q3 2024 revenue of $269-275 million vs $296 million consensus.

• Total Revenue in the range of $269 million to $275 million, which includes:
• Bumble App Revenue of $217 million to $221 million.
• Adjusted EBITDA in the range of $77 million to $80 million.
• Full Year 2024:
• Total Revenue year over year growth in the range of 1% to 2%.
• Bumble App Revenue year over year growth in the range of 1.5% to 2.5%.
• Adjusted EBITDA margin growth of at least 200 basis points.

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

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