Tinder Warns of Declining Revenue While It Rethinks Core App [Yahoo! Finance Canada]
Bumble Inc. - common stock (BMBL)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg In the meantime, Tinder warned of declining to flat direct revenue through 2026 before returning to low-single digit growth in 2027, Chief Executive Officer Faye Iosotaluno said at Match's first investor day on Wednesday. Match also lowered two of its fourth-quarter revenue forecasts, the parent company said in a statement before the presentations started. Tinder is testing new features that include requiring face photos in profiles, as well as double-date matches and AI-powered curated recommendations, Iosotaluno told investors at the event. Changes designed to rid the platform of bad actors will help earn trust from users, which in turn can strengthen the business over the long run, she said. Iosotaluno acknowledged these efforts would shrink Tinder's user base in the short term, continuing a streak of losses over the past six quarters. “We're adjusting our focus to be on product innovation beyond monetization, making sure our drumbeat of features mee
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BMBL
Earnings
- 11/6/24 - Beat
BMBL
Sec Filings
- 12/20/24 - Form 8-K
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- BMBL's page on the SEC website