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Sep 30, 2022
Bumble Q3 2022 Earnings Report
Bumble Inc.'s Q3 2022 results reflected growth in revenue and paying users, with a net earnings of $26 million.
Key Takeaways
Bumble Inc. reported a 17% increase in total revenue, reaching $233 million, with Bumble app revenue growing by 28% to $181 million. The company's paying users increased by 36% to 3.3 million, and it achieved net earnings of $26 million and an adjusted EBITDA of $62 million.
Total revenue increased by 16.8% to $232.6 million.
Bumble App revenue grew by 27.9% to $180.6 million.
Total paying users increased to 3.3 million.
Net earnings was $26.4 million, compared to a net loss of $10.4 million in the same quarter last year.
Revenue by Segment
Forward Guidance
The company anticipates total revenue and adjusted EBITDA for the fourth quarter ending December 31, 2022 to be: •Total Revenue in the range of $232 million to $237 million •Bumble App Revenue of $184 million to $187 million. •Adjusted EBITDA in the range of $57 million to $59 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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