Bumble Announces Date For Third Quarter Results and Receives Diversity Award

Bumble Inc. will announce its third quarter 2021 financial results after the Nasdaq market closes on Wednesday, 10th November.

A public conference call is taking place on the same day at 4:30pm ET to discuss the results, answer questions from investors and outline plans for the upcoming quarter. The recording of the call will be available to listen back approximately two hours after its conclusion.

The company’s share price increased by more than 20% after its first quarter results were published in August. However, this has since dipped back down to around $51.50, representing a market cap of just under $10 billion.

Its outlook for the full year was improved and total revenue for the 2021 financial year is expected to be in the $752-762 million range.

This week has already been a positive one for Bumble, after it was announced as one of the winners at the fifth annual #GetOnBoard Awards by ‘How Women Lead’.

Bumble received the ‘Leading The Way Award’ which celebrates a company that is committed to offering gender diversity in the boardroom and is setting a strong example for others to follow.

Julie Castro Adams, CEO of How Women Lead, explained: “Bumble prides itself on its core value of empowering women from the boardroom to the people who count on it to make healthy and equitable relationships

“Leading by example and demonstrating the power of a diverse board, Bumble’s board of directors is 70%+ women all chosen for their expertise, talent, network and contribution, as all boards should be.”

Read more here.