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Stock impact report

Unpacking Q4 Earnings: Bumble (NASDAQ:BMBL) In The Context Of Other Consumer Subscription Stocks [Yahoo! Finance]

Bumble Inc. - common stock (BMBL) 
Company Research Source: Yahoo! Finance
Consumers today expect goods and services to be hyper-personalized and on demand. Whether it be what music they listen to, what movie they watch, or even finding a date, online consumer businesses are expected to delight their customers with simple user interfaces that magically fulfill demand. Subscription models have further increased usage and stickiness of many online consumer services. The 8 consumer subscription stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 1.7% while next quarter's revenue guidance was 2.1% above. In light of this news, share prices of the companies have held steady as they are up 3.2% on average since the latest earnings results. Bumble (NASDAQ:BMBL) Started by the co-founder of Tinder, Whitney Wolfe Herd, Bumble (NASDAQ:BMBL) is a leading dating app built with women at the center. Bumble reported revenues of $224.2 million, down 14.3% year on year. This print exceeded analysts' expectations by 1.2% Show less Read more
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