
Bumble Inc. reported its fourth-quarter earnings for 2024, revealing a revenue of $261.6 million, slightly above the estimated $260.5 million, but down 4.4% year-over-year. The adjusted EBITDA was $72.5 million, exceeding expectations of $71.9 million, yet also reflecting a 1.6% decline from the previous year. The company announced a first-quarter revenue guidance of $242 million to $248 million, falling short of the analyst estimate of $256.9 million. As a result, Bumble's shares fell by 21.1% in premarket trading, with a decline of 28% noted in the stock price following the announcement. Additionally, Bumble's user metrics showed a decrease in monthly active users (MAUs) by 4.7% globally and 15.9% in the U.S. year-over-year, alongside a 25.5% drop in downloads. The company's market capitalization has plummeted from a peak of $14.6 billion at its IPO in February 2021 to approximately $985 million, reflecting a 92% loss in value since its launch. Analysts have expressed concerns regarding Bumble's competitive position in the dating app market, especially as rivals report user growth.








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Bumble shares: • Today -3.2% • 5 Days -34.7% • 12 months -58.8% • Since IPO (Feb. 2021) -92.8% https://t.co/qHkhX6EdO1
$BMBL The Bumble Fumble: After going public in 2021, the popular dating app that previously differentiated itself by requiring women to speak first, has sunk to a new all-time low market cap. Once valued at $14.6 billion, Bumble now trades for $985 million. https://t.co/9Pvz2G5qZG