Bumble Q2 revenue $268.6M (+3.4%); Bumble App paying users 2.8M (+15%)

Bumble Inc.

2024-Q2 EPS reported $0.41 revenue$536,390,000

Net earnings $37.7M (14.0% of revenue) vs $9.3M a year ago; adjusted EBITDA $75.0M (27.9% of revenue).
Bumble App revenue $218.0M (+4.8% YoY); Badoo/Other revenue $50.6M (-2.2% YoY).
Total paying users 4.1M, up from 3.6M; total ARPPU declined to $21.37 from $23.23.
CEO Lidiane Jones cites early wins but says stronger customer value needed to reignite growth.
CFO Anu Subramanian resetting guidance to reflect actions to position for long-term growth.

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