Their last two quarters have beat expectations, but we were coming out of a covid lock down and people wanted to date. I'm single and I had to delete bumble because of the sheer about of spam Asian women in the app…(yes I know, antidotical evidence) However they are all paid accounts, so my sentiment might be wrong that it can't make revenue. I don't think they will beat expectations and would love to play a put on them before close tomorrow.
Also $MTCH missed earnings and they own $BMBL,
(NASDAQ:MTCH), which reported worse-than-expected second-quarter sales and guided for muted top-line growth in the second half of 2022.
Match Group late Tuesday reported second-quarter revenues of $794.51 million, missing the consensus analyst estimate of $805.58 Million. The company also guided for third-quarter revenues of $790 to $800 million versus the conensus estimate of $885.21 million.
Leave a Reply