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Bumble's Q3 revenue outlook misses Wall Street as paying users decline

Reuters ·

BMBL
BMBL Bumble Inc
$3.06 -4.53%
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  1. 1Bumble (BMBL) guided Q3 revenue to $205 million-$213 million, below the Wall Street estimate of $215.1 million
  2. 2Q2 revenue fell 15.2% year over year to $210.5 million, with paying users down 16.4% to 3.2 million
  3. 3Paying users declined amid a platform overhaul aimed at winning back swipe-fatigued Gen Z, and shares fell 5% in after-hours trading

This 3-line summary is compiled from the report below.

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