Bumble Q1 revenue up 10% to $268M, net earnings $33.9M, increases buyback to $450M

Bumble Inc.

2024-Q1 EPS reported $0.19 revenue$267,775,000

Total revenue $267.8M (+10.2% YoY); Bumble App revenue $215.8M (+11.1%).
Net earnings $33.9M vs net loss $2.3M a year ago; Adjusted EBITDA $74.0M (27.6% margin).
Bumble App paying users 2.73M (+18% YoY, +42K QoQ); total paying users 4.02M.
ARPPU declined to $21.84 from $22.83; Bumble App ARPPU $26.34 vs $27.93.
Share repurchase program increased from $300M to $450M; $209M remains available.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bumble Inc. reported first quarter ended March 31, 2024 results: revenue $267.8 million, net income $33.9 million.

Period: first quarter ended March 31, 2024
Revenue: $267.8 million
Net income: $33.9 million
Result: reported results

Exact text from the filing

Total Revenue increased 10.2% to $267.8 million, compared to $242.9 million.

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Source: SEC EDGAR

accession 0000950170-24-055611

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