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Bumble Announce Date of Upcoming Quarterly Financial Results Reports 

Bumble Inc has revealed the release date of the financial reports for the second quarter. 

Financial quarterly reports are expected to be published on August 7 after the stock market closes that day. 

Results will be for the quarter ending June 30, in which the company will host a live webcast of its conference call on the day to discuss the results. 

A webcast replay will be available approximately two hours after the conclusion of the live event.

Bumble launched in 2014 after being founded by Whitney Wolfe Herd. Bumble Inc was established shortly after becoming a parent company of several brands including Bumble and Badoo. 

Last quarterly financial reports ending March 30 showed total revenue increased 10.2% to $267.8 million and app revenue increased 11.1% to $215.8 million. 

App patrons recorded an 18% growth to 2.7million and have grown 42,000 Quarter Over Quarter.

Net earnings were reported to be at $33.9 million, or 12.6% of revenue.

Following the first quarter results, Bumble Inc chief financial officer Anu Subramanian said: “In the first quarter, we executed on our strategic priorities with discipline and exceeded our Adjusted EBITDA expectations. 

“Our business transformation has enabled greater agility as we build momentum for our refreshed Bumble App and look to reaccelerate our business through the rest of the year. 

“We maintain a strong cash position and will continue to augment capital returns through our increased share repurchase authorization announced today.”

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