Bumble forecasts quarterly revenue below estimates

Match

05/11/2025 21:22

Nov 5 (Reuters) - Bumble BMBL.O on Wednesday forecast fourth-quarter revenue below analysts' expectations, underscoring the challenges facing the dating app operator as its ambitious turnaround plan struggles to gain momentum.

Shares of the Austin, Texas-based company fell 9% in extended trading.

The company sees fourth quarter revenue between $216 million and $224 million, midpoint of which is below analysts estimates of $233.3 million, according to data compiled by LSEG

 (Reporting by Kritika Lamba in Bengaluru; Editing by Tasim Zahid)

 ((Kritika.Lamba@thomsonreuters.com;))