Bumble Shares Rose 40% Following Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/BMBL'>Bumble Inc. (NASDAQ:BMBL) </a>shares were trading around 40% higher Wednesday afternoon following the company’s reported Q4 results, with strong user growth numbers, while EPS of ($0.08) and revenue of $208.2 million came in below Street estimates of $0.00 and $209.55 million, respectively.</p>
<p>Analysts at RBC capital said they view the stock as a 2022 execution story. With ongoing product expansion and compelling price discovery going on in various markets, the analysts believe marginal acceleration in payer adds should get the stock working, and thus they reiterate their Outperform rating.</p>
<p>The company provided its Q1/22 outlook, expecting revenue in the range of $207-$210 million, compared to the Street estimate of $211 million. For the full 2022-year, the company sees revenue of $934-944 million, versus the Street estimate of $939 million.</p>

NASDAQ:BMBL