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Is Bumble Stock a Buy?


Bumble's (NASDAQ: BMBL) stock price surged 42% on March 9 after the online dating company posted its fourth-quarter earnings report. That pop was surprising since it actually missed analysts' top and bottom estimates.

Its revenue rose 26% year over year to $208.2 million, but missed analysts' estimates by $1 million. Its net loss narrowed from $26.1 million to $14.7 million, or $0.08 per share, but also missed analysts' expectations by seven cents. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 24% to $54.8 million.

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Source Fool.com

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