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Bumble Q2 Earnings Call Highlights
['Logan Wallace']
Ticker Report
“We would rather get this perfectly right than beat some deadline,” Wolfe Herd said during the question-and-answer session.
Wolfe Herd said the approach will move away from optimizing for “swipe speed and velocity” toward “fewer, better, more considered signals.”
Third-Quarter OutlookFor the third quarter, Bumble forecast total revenue of $205 million to $213 million, including Bumble App revenue of $167 million to $173 million.
In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”
Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.