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Bumble Shares Fall After Q2 Revenues Miss: Details
Bumble Inc. (NASDAQ:BMBL) shares are falling after the company reported its second-quarter financial results Wednesday. Here's a look at the details from the report.
The Details: Bumble reported quarterly earnings of 22 cents per share on $273.12 million of quarterly revenue which came in just under analyst estimates.
Bumble App Revenue increased 4.8% to $218 million, while Badoo App and Other Revenue decreased 2.2% to $50.6 million for the quarter. Total Paying Users increased to 4.1 million, and Total Average Revenue per Paying User (ARPPU) decreased to ...