Bumble Earnings beat, Revenue misses In Q3

  • Investing.com
Bumble Earnings beat, Revenue misses In Q3
Credit: © Reuters.

Investing.com - Bumble (NASDAQ: BMBL ) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Bumble announced earnings per share of $0.14 on revenue of $232.6M. Analysts polled by Investing.com anticipated EPS of $0.01 on revenue of $238.27M.

Bumble shares are down 19% from the beginning of the year and are trading at $17.87 , down-from-52-week-high.

Bumble shares lost 14.62% in after-hours trade the report.

Bumble follows other major Communication Services sector earnings this month

Bumble's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.

Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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