Bumble forecasts fourth-quarter revenue below estimates

(Reuters) – Online dating firm Bumble Inc on Wednesday forecast fourth-quarter revenue below market estimates as it grapples with a strong U.S. dollar, stiff competition and the effect of inflation on consumer spending.

The company expects current-quarter revenue between $232 million and $237 million, compared to Wall Street’s estimates of $254.5 million, according to Refinitiv data.

(Reporting by Vansh Agarwal and Shreyaa Narayanan in Bengaluru; Editing by Shailesh Kuber)

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