Bumble forecasts quarterly revenue below estimates

Quick Summary:

Dating app operator Bumble forecast fourth-quarter revenue below analysts' expectation on Wednesday, signaling sluggish spending by users on its dating apps.

The company expects fourth-quarter revenue between $256 million to $262 million, compared with analysts' average estimate of $260.

The company expects fourth-quarter revenue between $256 million to $262 million, compared with analysts' average estimate of $260.2 million, according to data compiled by LSEG.

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Category: EconomyBusiness

Markets: Singapore

Topics: Mediacorp Revenue Operator Analysts York Fourth-quarter Bumble Million Dating Nasdaq Experience

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 05:11:12 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 14 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23452681

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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News Last Updated: 2 hours ago

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