Bumble(BMBL)
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Bumble's Valuation Hits an All-Time Low, Can Its Fortunes Change?
MarketBeat· 2024-08-17 11:15
Bumble Today BMBL Bumble $6.00 +0.10 (+1.69%) 52-Week Range $4.80 ▼ $17.31 P/E Ratio 35.29 Price Target $9.62 Add to Watchlist Bumble NASDAQ: BMBL is one of the most well-known online dating companies in the world. After the firm's most recent earnings release on Aug. 7, its shares lost nearly a third of their value. Year-to-date, shares are down 60%. It is now at the lowest forward price-to-earnings multiple in its history, at 5.4x. This is also lower than 90% of firms in the U.S. communication services se ...
Bumble Inc. (BMBL) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
GlobeNewswire News Room· 2024-08-11 20:00
NEW YORK, Aug. 11, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bumble Inc. ("Bumble" or "the Company") (NASDAQ: BMBL). Investors who purchased Bumble securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/BMBL. Investigation Details On August 7, 2024, Bumble released its Q2 financial results. The Company also revised its year-over-year ...
BUMBLE ALERT: Bragar Eagel & Squire, P.C. is Investigating Bumble Inc. on Behalf of Bumble Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-08-11 01:00
NEW YORK, Aug. 10, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Bumble Inc. ("Bumble" or the "Company") (NASDAQ:BMBL) on behalf of Bumble stockholders. Our investigation concerns whether Bumble has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. Bumble announced on August 7, 2024, its second-quarter results and adjusted gui ...
SHAREHOLDER ALERT: Investigation Into Bumble Inc. (BMBL) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2024-08-09 17:39
ATLANTA, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Bumble Inc. ("Bumble" or the "Company") (NASDAQ: BMBL) complied with federal securities laws. On August 7, 2024, Bumble reported financial results for its second quarter ended June 30, 2024, and lowered its guidance for fiscal year 2024, stating "We are resetting our guidance today to reflect actions we are taking to position Bumble to reignite user growth, deliver improved customer value, and drive long-term revenue gr ...
Bumble(BMBL) - 2024 Q2 - Quarterly Report
2024-08-08 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40054 Bumble Inc. (Exact Name of Registrant as Specified in its Charter) | --- | --- | |-------------------- ...
Bumble: After The Crash, There's Value To Be Salvaged Here
Seeking Alpha· 2024-08-08 15:40
Vladimir Vladimirov Bumble stock plunges after reporting Q2 earnings It's been an incredibly tough earnings season for many companies, but Bumble Inc.'s (NASDAQ:BMBL) post-Q2 decline has been one of the worst. After announcing a wholesale "reset" of its corporate strategy and dramatically slashing its outlook for the year, shares of Bumble crashed roughly 40%. Now, the stock has lost more than two-thirds of its value since the start of the year, making it by far the worst-performing dating app stock and one ...
Bumble Stock Hits All-Time Low as Dating Service Slashes Outlook
Investopedia· 2024-08-08 14:46
Key Takeaways Bumble cut its full-year outlook as customers spent less to use the online dating service. Second-quarter revenue fell short of estimates. Shares of Bumble sank to a record low. Shares of Bumble (BMBL) tumbled to their all-time low Thursday after the online dating service slashed its guidance as customers spent less on it. The company that operates the eponymous app now expects full-year revenue to rise 1% to 2% year-over-year, compared with its earlier forecast of 8% to 11%, and app revenue t ...
Johnson Fistel Begins Investigation into Bumble Following a Significant Drop in the Company's Stock
GlobeNewswire News Room· 2024-08-08 13:50
SAN DIEGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Bumble Inc. (NASDAQ: BMBL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased Bumble securities? If you purchased securities and suffered losses on your ...
These Analysts Slash Their Forecasts On Bumble After Q2 Results
Benzinga· 2024-08-08 12:41
Bumble Inc. BMBL reported worse-than-expected second-quarter revenue results on Wednesday. Bumble reported quarterly earnings of 22 cents per share on $273.12 million of quarterly revenue which came in just under analyst estimates. "Our first chapter of the Bumble App launch delivered better women's experiences and improved engagement," said Lidiane Jones, CEO of Bumble. "We are pleased with these early wins but it's evident that to reignite the user growth engine for Bumble Inc. in the long term, we need t ...
Bumble(BMBL) - 2024 Q2 - Earnings Call Transcript
2024-08-08 00:44
Bumble Inc. (NASDAQ:BMBL) Q2 2024 Results Conference Call August 7, 2024 4:30 PM ET Company Participants Cherryl Valenzuela - VP, IR Lidiane Jones - CEO Anuradha Subramanian - CFO Conference Call Participants Andrew Marok - Raymond James Cory Carpenter - JP Morgan John Blackledge - TD Cowen Ygal Arounian - Citi Mark Kelly - Stifel Curtis Nagle - Bank of America Merrill Lynch Nathan Feather - Morgan Stanley Shweta Khajuria - Wolfe Research Jian Li - Evercore ISI Benjamin Black - Deutsche Bank Ken Gawrelski - ...