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Benzinga
Benzinga
Business
Henry Khederian

MYSTERIOUS: So what s happening with bumble shares - You Need To See This

Bumble Bumble Inc

Bumble Inc (NASDAQ:BMBL) shares are trading higher by 22.0% at $20.32 after the company reported fourth-quarter results, which showed a 29% increase in Bumble App paying users. Bumble App revenue increased 42.2% year over year.

Bumble reported quarterly losses of 8 cents per share. The company also reported quarterly sales of $208.20 million which missed the analyst consensus estimate of $210.29 million by 1%. This sales figure represents a 26% increase over sales of $165.60 million in the same period last year.

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