Bumble reports Q1 EPS 19c, consensus 7c

Reports Q1 revenue $267.8M, consensus $265.46M. Total Paying Users increased to 4.0 million, compared to 3.5 million. Total Average Revenue per Paying User decreased to $21.84, compared to $22.83. “We delivered solid Q1 financial results while making great progress on our plans to unlock Bumble’s next phase of growth,” said Lidiane Jones, CEO of Bumble Inc. “We’re actively listening to our customers and building experiences that put joy back into the online dating experience. We relaunched Bumble App – the first chapter in Bumble’s evolution – to give women more choice in how they Make The First Move, showcasing a new pace of innovation and renewed commitment to our mission.”