For the quarter ended June 2024, Bumble Inc. (BMBL) reported revenue of $268.62 million, up 3.4% over the same period last year. EPS came in at $0.22, compared to $0.05 in the year-ago quarter. The reported revenue represents a surprise of -1.73% over the Zacks Consensus Estimate of $273.34 million. With the consensus EPS estimate being $0.15, the EPS surprise was +46.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Bumble Inc. (BMBL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 46.67%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced earnings of $0.19, delivering a surprise of 171.43%. Over the last four quarters, the company h ...

Exhibit 99.1 Bumble Inc. Announces Second Quarter 2024 Results Total Revenue Increased 3% to $269 Million Bumble App Revenue Increased 5% to $218 Million Bumble App Paying Users Increased 15% to 2.8 Million; Grew 87,000 Quarter Over Quarter Net Earnings of $38 Million, Adjusted EBITDA of $75 Million AUSTIN, Texas, August 7, 2024 - Bumble Inc. (NASDAQ: BMBL) today reported financial results for the second quarter ended June 30, 2024. "Our first chapter of the Bumble App launch delivered better women's experi ...

The upcoming earnings release of Bumble Inc. will be of great interest to investors. The company's earnings report is expected on August 7, 2024. The company's upcoming EPS is projected at $0.15, signifying a 200% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $273.73 million, reflecting a 5.39% rise from the equivalent quarter last year. Empirical research indicates that these revisions in estimates have a direct c ...

Investing in stocks near 52-week lows could offer unique growth opportunities. Moreover, with the first interest rate cut coming up, it's now an opportune time to invest in these attractive stocks near 52-week lows. Identifying bargain stocks in the current climate could help secure investments poised for incredible long-term growth. Therefore, three attractive stocks near 52-week lows offer attractive upside potential. These stocks are lingering just 5% above their 52-week lows yet continue to showcase rem ...

Let's look at some of the most undervalued stocks investors can buy right now for under $20 per share. Source: XanderSt / Shutterstock.com Analysts are expecting similar revenue growth going forward, and the average price target implies an upside of 58% from the current share price of $9.34. The firm has grown its revenues well above U.S. clothing stores overall, achieving a compound annual growth rate of 5.6% from 2019 to 2023. Getty Images (NYSE:GETY) is a provider of visual content to large enterprises, ...

Of the 22 recommendations that derive the current ABR, 14 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 63.6% and 4.6% of all recommendations. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. In spite of the fact that Zacks Rank and ABR both appear on a ...

This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. In February, AI superstar Nvidia (NASDAQ:NVDA) announced fourth-quarter earnings that blew expectations out of the water. Shares rose 16% in a single day, adding $34 billion to shareholder pockets. The fascinating thing, however, was what happened afterward. Because over the following month, shares of Nvidia rose another 20%. Even if investors completely missed out Nvidia' ...

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from "one-to-one connections to groups and communities" — friendships, in other words. "There's certainly a lot of interesting technology companies across the industry that we're constantly looking at, but we immediately look at if it actually aligns and accelerates with our long-term mission here," Jones said on the company' ...

The generative AI revolution is far from over, but that doesn't mean AI stocks, especially those that have enjoyed impressive gains in recent months, are immune to a substantial pullback. The bears and skeptics may have been calling for such a correction for quite some time. And though a growth-to-value rotation is always possible, I'm not so sure one will be on the table now that the Fed is done with the rate hikes. Though fewer rate cuts than expected could be in for the year (perhaps two or less), it see ...