Bumble reports Q4 EPS (19c), consensus 11c

Reports Q4 revenue $273.6M, consensus $275.29M. Total Paying Users increased 16.4% to 4.0 million, compared to 3.4 million. Total Average Revenue per Paying User decreased to $22.64, compared to $23.01. “Today, we announced solid full-year results and a bold plan to transform Bumble and lead the company to its next phase of growth and innovation,” said Lidiane Jones, CEO of Bumble Inc. “We are taking significant and decisive actions that ensure our customers remain at the center of everything we do as we relaunch Bumble App, transform our organization and accelerate our product roadmap. We believe these actions will strengthen our foundational capabilities and enable us to continue delivering new and engaging user experiences that create healthy and equitable relationships. I am confident in our team’s ability to deliver Bumble’s next chapter of growth as we sharpen our focus on execution.”