Bumble forecast current-quarter revenue between $238 million
and $243 million, while analysts were expecting $241.7 million,
according to Refinitiv data.
Total paying users for Bumble increased to 3.4 million in
the holiday quarter, from 3 million a year earlier.
The company reported revenue of $241.6 million in the
quarter ended Dec. 31, compared with analysts' estimate of
$235.9 million, according to Refinitiv data.
.
(Reporting by Samrhitha Arunasalam and Vansh Agarwal in
Bengaluru; Editing by Krishna Chandra Eluri)
(Adds details)
Feb 22 (Reuters) - Bumble Inc beat
fourth-quarter revenue estimates on Wednesday as more people
subscribed to its dating app during the holiday season in search
of companionship, sending its shares up 5% in extended trading.
A pullback in the U.S. dollar from last year's highs and new
features such as "Compliments", which allows users to engage by
sending a note before they decide to connect, have helped the
company cope with high inflation and rising interest rates.
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