Bumble Sees Q3 Total Revenue $274M-$280M vs $275.62M Est.; Sees FY23 Revenue $1.055B-$1.072B vs $1.06B Est.
Portfolio Pulse from Benzinga Newsdesk
Bumble has projected its Q3 total revenue to be between $274M and $280M, compared to the estimated $275.62M. The company also forecasts its FY23 revenue to be between $1.055B and $1.072B, against the estimated $1.06B.
August 08, 2023 | 8:09 pm
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NEUTRAL IMPACT
Bumble's projected Q3 and FY23 revenues are in line with estimates, indicating stable financial performance.
Bumble's projected revenues for Q3 and FY23 are close to the estimates. This suggests that the company's financial performance is stable and in line with market expectations, which is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100