Bumble surpasses Q3 estimates but analysts warn of user growth challenges ahead
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Bumble Inc (NASDAQ:BMBL) exceeded Q3 revenue and earnings estimates, leading to a 10% rise in shares. However, analysts caution about potential user growth challenges.
November 11, 2024 | 6:30 pm
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Bumble Inc reported Q3 revenue and earnings above expectations, resulting in a 10% increase in share price. Despite this, analysts express concerns about future user growth.
Bumble's Q3 performance exceeded expectations, driving a significant share price increase. However, analyst concerns about user growth could temper long-term optimism.
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