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Today: April 04, 2025
Today: April 04, 2025

Bumble forecasts first-quarter revenue below estimates

Bumble Inc. (BMBL) makes stock IPO on Nasdaq in New York City
April 26, 2024
Reuters - Reuters

(Reuters) - Bumble forecast first-quarter revenue below Wall Street estimates on Tuesday, anticipating stiff competition from Tinder-parent Match Group amid slowing user spend on dating apps in an uncertain economy.

The dating firm, which operates its eponymous app, expects first-quarter revenue between $262 million and $268 million, compared with analysts' average estimate of $277.9 million, according to LSEG data.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)

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