Bumble Sales Rise On Higher User Spending

Bumble sales climbed in the latest quarter, driven by higher spending by users on its dating apps as prepandemic conditions have largely returned.

But the online dating company trimmed its 2022 revenue range to $920 million to $930 million, down from its prior forecast of $934 million to $944 million, largely due to a higher impact from foreign currency movements. Its outlook for sales in the current quarter also fell short of Wall Street expectations.