Bumble stock drops after company reports wider Q4 loss

Bumble Inc.

shares dropped nearly 7% in the extended session Wednesday after the online dating company reported mixed quarterly results, showing a fourth-quarter loss but revenue that was above Wall Street expectations. Bumble lost $159 million, or 85 cents a share, in the quarter, compared with a loss of $14 million, or 7 cents a share, in the year-ago period. Revenue rose 17% to $241.6 million, the company said.

shares dropped nearly 7% in the extended session Wednesday after the online dating company reported mixed quarterly results, showing a fourth-quarter loss but revenue that was above Wall Street expectations. Bumble lost $159 million, or 85 cents a share, in the quarter, compared with a loss of $14 million, or 7 cents a share, in the year-ago period. Revenue rose 17% to $241.6 million, the company said.

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