Bumble forecasts third-quarter revenue below estimates-March 2024-www.financetom.com

Bumble forecasts third-quarter revenue below estimates

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Bumble forecasts third-quarter revenue below estimates

Aug 7, 2024 1:25 PM

Aug 7 (Reuters) - Bumble forecast third-quarter

revenue below Wall Street estimates on Wednesday, signaling

sluggish discretionary spending by users on its dating apps.

The company, which operates its eponymous app, expects

third-quarter revenue between $269 million to $275 million,

compared with analysts' average estimate of $296.1 million,

according to LSEG data.

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