About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

bumble inc. February 2024 Q4 2023 Earnings Supplemental Presentation This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements reflecting the current views of management of Bumble Inc. with respect to, among other things, our operations, our financial performance, our industry, our business and other non-historical statements, including without limitation the in ...

Bumble Inc. (NASDAQ:BMBL) Q4 2023 Results Earnings Conference Call February 27, 2024 4:30 PM ET Company Participants Cherryl Valenzuela - Vice President, Investor Relations Lidiane Jones - Chief Executive Officer Anuradha Subramanian - Chief Financial Officer Conference Call Participants Alexandra Steiger - Goldman Sachs Andrew Marok - Raymond James Cory Carpenter - J.P. Morgan Shweta Khajuria - Evercore ISI Ygal Arounian - Citigroup Miles Jakubiak - KeyBanc Capital Markets Benjamin Black - Deutsche Bank Ke ...

Bumble Inc. (BMBL) reported $273.64 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 13.3%. EPS of -$0.19 for the same period compares to $0.17 a year ago.The reported revenue represents a surprise of -0.63% over the Zacks Consensus Estimate of $275.38 million. With the consensus EPS estimate being $0.12, the EPS surprise was -258.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

Bumble, a once-powerful force in online dating, is facing a reckoning.The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street expectations and were paired with a disappointing Q1 2024 forecast — sending Bumble’s stock tumbling ~10% in after-hours trading.Bumble’s taking drastic action to stem the bleeding.CEO Lidiane Jones announced that 37% of Bumble’s workforce, or about 350 emp ...

The Bumble app on a smartphone arranged in New York, US, on Monday, Nov. 6, 2023.Bumble on Tuesday announced plans to lay off around 350 employees, or about 37% of its workforce, as part of a restructuring plan.The company said the layoffs will help drive stronger operating leverage and align its operating model with "future strategic priorities," according to its fourth-quarter report. Bumble had more than 950 full-time employees as of December 31, 2022, according to a filing with the U.S. Securities and E ...

Exhibit 99.1 Bumble Inc. Announces Fourth Quarter and Full Year 2023 Results AUSTIN, Texas, February 27, 2024 -- Bumble Inc. (NASDAQ: BMBL) today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights: (All comparisons relative to the Fourth Quarter 2022) • Total Revenue increased 13.2% to $273.6 million, compared to $241.6 million. This includes a favorable impact of $3.4 million from foreign currency movements year ...

AUSTIN, Texas--(BUSINESS WIRE)--To mark Safer Internet Day, Bumble Inc. (NASDAQ: BMBL) has announced its latest feature, Deception Detector™, building on its decade-long priority of building kind, safe, and authentic connections. Deception Detector™ uses Artificial Intelligence (AI) to help identify spam, scam and fake profiles, aiming to take action before members even see them. Within the first two months of the technology’s introduction, Bumble saw member reports of spam, scam, and fake accounts reduced ...

Bumble (NASDAQ:BMBL) stock is getting a boost on Tuesday following news of activist investor Elliott Investment Management taking a stake in one of its rivals.A new report reveals that Elliott Investment Management has built up a $1 billion stake in Bumble rival Match (NASDAQ:MTCH). Insiders claim that the increased stake in the dating service will see the activist investor push for changes to improve the price of MTCH stock.Interest in dating apps has been waning over the years. The problem started when Co ...

When I think about sleeper stocks, my mind goes to fictional character Freddy Krueger. Stay with me for a second. As you may know from the film series, “A Nightmare on Elm Street,” the protagonists of this horror franchise cannot afford to fall asleep. I’m not going to get into it here but bad things happen if they snooze.And it’s the same principle with these sleeper stocks. Sure, they look ugly and perhaps downright irrelevant on the surface. And even I’ve been critical of these ideas in the past. Still, ...