Bumble (BMBL) Smashes Earnings Expectations

Yesterday Bumble Inc. (BMBL) reported 21Q1 earnings results which smashed market expectations.

LikeFolio data corroborates the strong performance -- Consumer Mentions indicating active engaging with the dating app, Usage Mentions, are maintaining YoY growth, up +3% YoY on a 90-day moving average.

Despite massively beating EPS estimates and confirming revenue targets for 2021, BMBL shares are trading -9% lower today.

Bumble is one of the top dating apps on the market, second only to Match Group’s (MTCH) Tinder.