Bumble Inc. (NASDAQ:BMBL) reported its fourth-quarter financial results and announced workforce reductions after the bell Tuesday. Here's a look at the details.
The Details:
Bumble reported quarterly losses of 19 cents per share which missed the analyst consensus estimate of 12 cents per share.
The company reported quarterly sales of $273.64 million which missed the analyst consensus estimate of $275.29 million by 0.6% and represents a 13.25% increase over sales of $241.63 million from the same period last year.
Bumble also announced it will reduce its workforce by 350 roles as part of a transformation ...