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

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.

WhitWolfeHerd Nice

Obviously

good luck

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