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%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

WhitWolfeHerd Nice

Obviously

good luck

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes