Bumble Q2 EPS $0.05 Beats $0.03 Estimate, Sales $260.00M Beat $256.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bumble reported Q2 earnings of $0.05 per share, beating the analyst consensus estimate of $0.03 by 66.67%. This is a 266.67% increase over losses from the same period last year. The company also reported quarterly sales of $260.00 million, beating the analyst consensus estimate of $256.61 million by 1.32%. This is a 17.94% increase over sales from the same period last year.
August 08, 2023 | 8:07 pm
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POSITIVE IMPACT
Bumble's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Bumble's better-than-expected Q2 earnings and sales suggest a strong financial performance, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100