Bumble (BMBL) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Bumble Inc. reported revenue of $273.61 million for the quarter ended September 2024, a decrease of 0.7% year-over-year, but exceeded the Zacks Consensus Estimate by +0.68% [1] - The company's EPS was $0.35, significantly higher than the $0.12 reported in the same quarter last year, resulting in a surprise of +75.00% compared to the consensus estimate of $0.20 [1] Financial Performance Metrics - Total Paying Users reached 4.26 million, surpassing the average estimate of 4.21 million [3] - Average Revenue per Paying User (ARPU) was $21.17, slightly below the estimated $21.37 [3] - Badoo App and Other ARPU was $12.03, compared to the estimate of $12.09 [3] - Bumble App ARPU was $25.58, slightly above the estimate of $25.54 [3] - Badoo App and Other Paying Users totaled 1.39 million, exceeding the estimate of 1.36 million [3] - Bumble App Paying Users were 2.87 million, slightly above the estimate of 2.86 million [3] - Revenue from Badoo App and Other was $53.40 million, exceeding the estimate of $51.71 million, representing a year-over-year change of -0.6% [3] - Revenue from Bumble App was $220.20 million, slightly above the estimate of $219.24 million, also reflecting a -0.7% change year-over-year [3] Stock Performance - Bumble's shares have returned +17.2% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]