Why Jim Cramer Isn't a Fan of Bumble Here

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Bumble  (BMBL) - Get Report reported net earnings of $323.4 million, or $1.69 a share vs. a loss of $55.8 million, or 2 cents a share in the year-ago quarter, stronger than the FactSet consensus estimate of a GAAP loss of 3 cents a share.

Revenue came in at $170.7 million, also ahead of the FactSet estimates of $164.6 million and up from $79.1 million a year ago.

"We were able to combine our safety, mission and women-first narratives throughout the quarter in a manner that drove notable growth in user engagement and retention globally," said CEO Whitney Wolfe Herd in a statement.

"Our brand and products are resonating worldwide, and we are inspired by the resilience of our customers who have demonstrated the power of human connection during the pandemic," Herd added.

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