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.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »