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Bumble Inc   (BMBL)
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Price: $10.7400 $0.25 2.383%
Day's High: $10.885 Week Perf: -4.02 %
Day's Low: $ 10.36 30 Day Perf: -19.91 %
Volume (M): 3,882 52 Wk High: $ 21.06
Volume (M$): $ 41,687 52 Wk Avg: $15.62
Open: $10.44 52 Wk Low: $10.36



 Market Capitalization (Millions $) 1,492
 Shares Outstanding (Millions) 139
 Employees 700
 Revenues (TTM) (Millions $) 1,017
 Net Income (TTM) (Millions $) -128
 Cash Flow (TTM) (Millions $) 33
 Capital Exp. (TTM) (Millions $) 0

Bumble Inc
Bumble app was founded because we noticed two different, yet related issues in our society: antiquated gender norms, and a lack of kindness and accountability on the internet. We observed that women were often treated unequally in society, especially in romantic relationships. At the same time, social networks created possibilities for connections, but they were focused on connections with people you already know and lacked guardrails to encourage better behavior online.


   Company Address: 1105 West 41st Street Austin 78756 TX
   Company Phone Number: 696-1409   Stock Exchange / Ticker: NASDAQ BMBL
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
META   -0.55%    
MTCH   -1.61%    
VMEO        0.75% 
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Product Service News

Bumble Inc. to Present at Morgan Stanley Technology, Media & Telecom Conference

Published Wed, Feb 28 2024 9:05 PM UTC

Bumble Inc., the parent company of popular dating app Bumble, has announced its participation in the upcoming Morgan Stanley Technology, Media, and Telecom Conference. The event, which is set to take place on Monday, March 4, 2024, in San Francisco, California, will feature a fireside chat with Bumble Inc.'s management at 8:00 a.m. PT.During the fireside chat, Bumble Inc.'s ...

Management Changes

Bumble Inc. Announces Strategic Executive Team Transformation, Paving the Way for an Era of Unparalleled Growth

Published Wed, Feb 21 2024 1:30 PM UTC



AUSTIN, Texas - Bumble Inc. (NASDAQ: BMBL), the renowned women-driven dating and networking app, has announced a significant transformation in its executive leadership team. With the appointment of four highly experienced executives, Bumble aims to invigorate its future growth strategy by prioritizing product development, innovation, talent acquisition, and brand e...

Bumble Inc

Bumble Inc. Shines with Impressive Revenue Surge in Q3 2023, Outperforming Industry Peers

Bumble Inc., a leading Internet Services & Social Media company, recently reported its financial results for the third quarter of 2023. Despite a 18.428% increase in revenue to $275.51 million from the corresponding period a year before, the company experienced a decrease in income by -14.29% to $0.12 per share. However, Bumble Inc. outperformed its sector peers in terms of revenue growth, as the Internet Services & Social Media sector only expressed a 13.74% increase during the same time frame.
On the positive side, Bumble Inc. saw a significant rise in earnings per share (EPS) from the prior reporting season, with a 140% increase to $0.12 per share compared to $0.05 per share. Additionally, the company experienced a 6.073% increase in revenue to $275.51 million from $259.74 million.

Bumble Inc

Bumble Inc Announces Remarkable Q2 2023 Earnings Surge, Reflecting Surprisingly Elevated Demand



Bumble Inc, a leading online dating platform, recently released its financial results for the fiscal year ending June 30, 2023. The company showcased a remarkable turnaround, posting positive earnings per share and a significant increase in revenue. With improving profit margins and rising demand, Bumble Inc seems to be positioned for future success. However, recent stock performance suggests some investor concerns.
Financial Results:
Bumble Inc reported earnings per share of $0.05 for the fiscal year ending June 30, 2023, compared to $-0.03 in the previous year. This positive development indicates the company's ability to generate better returns for its shareholders. Earnings per share also improved from $-0.01 in the previous quarter, highlighting continued progress.
The revenue for Bumble Inc witnessed a double-digit growth of 17.818%, reaching $259.74 million compared to $220.45 million in the same period the previous year. On a quarterly basis, revenue increased by 6.91% from $242.95 million, displaying consistent growth.

Bumble Inc

Bumble Inc Faces Challenges with $2.61 Million Tax Charge, but Remains Optimistic for Future Growth

Despite a seemingly disappointing third quarter of 2023 financial report from Bumble Inc, it is important to take a deeper look at the numbers and see the potential for long-term growth and success.
While the deficit did increase compared to the previous year, the fact that earnings per share improved from the prior reporting period is a positive sign. Additionally, the substantial growth in revenue is a testament to the strength of Bumble Inc's business model and the demand for their products and services.






 

Bumble Inc's Segments
 
 
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