U.S. equities rose at midday as the markets continued to wait for more information about possible U.S. trade deals. The Dow Jones Industrial Average, S&P 500, and Nasdaq were slightly higher.
Bumble's 1Q25 revenue was in line with low expectations, but 2Q25 guidance missed consensus; shares rose 20% due to cost-cutting initiatives indicating margin stability. We remain cautious on BMBL due to macro challenges like declining user engagement and micro challenges such as competition from alternative apps. Despite Whitney Wolfe Herd's return as CEO, we are skeptical about a near-term tu...
Bumble shares surged 26% post-Q1 earnings beat, but are still down 30% YTD due to growth and monetization challenges. Management's $35M cost-saving plan, including $20M in marketing cuts, is expected to drive 2025 EBITDA to $280M. Disappointing buybacks: only $29M in Q1 vs. $90M in Q3 2024, raising concerns about management's commitment to capital returns.
Bumble reported a 7.7% year-over-year revenue drop in the first quarter of 2025. Whitney Wolfe Herd, Bumble's founder and newly returned CEO, explained how it got off track.
Bumble forecast second-quarter revenue below analysts' estimate on Wednesday, signaling that the dating app operator's turnaround plan is taking longer than expected to yield results.
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