Bumble beats quarterly revenue estimates

(Reuters) – Bumble Inc beat fourth-quarter revenue estimates on Wednesday, as more people subscribed to its dating app during the holiday season in search of companionship.

The company reported revenue of $241.6 million in the quarter ended Dec.

31, compared with analysts’ estimate of $235.9 million, according to Refinitiv data.

(Reporting by Samrhitha Arunasalam and Vansh Agarwal in Bengaluru; Editing by Krishna Chandra Eluri)

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