Bumble tops revenue estimates in its first quarterly report as a public company; shares rise

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The company reported 2.7 million paying users for the fourth quarter, up 32.5% from the fourth quarter of 2019.

Whitney Wolfe Herd speaks onstage in Dana Point, California.on Wednesday logged $165.6 million in revenue, topping Wall Street forecasts, forafter the bell.

Here's what the company reported for its fourth quarter, compared with what Wall Street analysts polled by Refinitiv were expecting:Wall Street was looking for a quarterly loss of 13 cents per share. CNBC does not compare reported earnings per to share to expectations for a firm's first report as a public company as uncertain share counts can skew forecasts.

Revenue marked 31% growth year over year. Still, the company reported a net loss of $26.1 million, down from a net profit of $17.2 million during the same period a year prior.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

WhitWolfeHerd Nice

Obviously

good luck

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités