Bumble Inc. (BMBL - Free Report) reported $275.51 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 18.4%. EPS of $0.12 for the same period compares to $0.14 a year ago.
The reported revenue represents a surprise of -0.70% over the Zacks Consensus Estimate of $277.45 million. With the consensus EPS estimate being $0.07, the EPS surprise was +71.43%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Bumble Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Paying Users: 3,820.5 thousand versus the four-analyst average estimate of 3,812.73 thousand.
- Total Average Revenue per Paying User: $23.42 versus the four-analyst average estimate of $23.83.
- Badoo App and Other Average Revenue per Paying User: $12.79 versus $13.01 estimated by three analysts on average.
- Bumble App Average Revenue per Paying User: $28.38 versus $28.65 estimated by three analysts on average.
- Badoo App and Other Paying Users: 1,215.6 thousand versus the three-analyst average estimate of 1,211.4 thousand.
- Bumble App Paying Users: 2,604.9 thousand versus 2,602.91 thousand estimated by three analysts on average.
- Revenue- Badoo App and Other: $53.70 million versus the four-analyst average estimate of $50.54 million. The reported number represents a year-over-year change of +3.3%.
- Revenue- Bumble App: $221.80 million versus $223.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +22.8% change.
View all Key Company Metrics for Bumble Inc. here>>>Shares of Bumble Inc. have returned -8.7% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
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Bumble Inc. (BMBL - Free Report) reported $275.51 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 18.4%. EPS of $0.12 for the same period compares to $0.14 a year ago.
The reported revenue represents a surprise of -0.70% over the Zacks Consensus Estimate of $277.45 million. With the consensus EPS estimate being $0.07, the EPS surprise was +71.43%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Bumble Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Paying Users: 3,820.5 thousand versus the four-analyst average estimate of 3,812.73 thousand.
- Total Average Revenue per Paying User: $23.42 versus the four-analyst average estimate of $23.83.
- Badoo App and Other Average Revenue per Paying User: $12.79 versus $13.01 estimated by three analysts on average.
- Bumble App Average Revenue per Paying User: $28.38 versus $28.65 estimated by three analysts on average.
- Badoo App and Other Paying Users: 1,215.6 thousand versus the three-analyst average estimate of 1,211.4 thousand.
- Bumble App Paying Users: 2,604.9 thousand versus 2,602.91 thousand estimated by three analysts on average.
- Revenue- Badoo App and Other: $53.70 million versus the four-analyst average estimate of $50.54 million. The reported number represents a year-over-year change of +3.3%.
- Revenue- Bumble App: $221.80 million versus $223.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +22.8% change.
View all Key Company Metrics for Bumble Inc. here>>>Shares of Bumble Inc. have returned -8.7% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
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