Bumble beats quarterly revenue estimates


FILE PHOTO: The Bumble logo is seen on a smartphone in front of a stock graph in this illustration taken February 11, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) -Bumble Inc beat first-quarter revenue estimates on Thursday as user spending on its dating app has remained strong despite a looming recession, sending its shares up 4.6% in aftermarket trading.

The company reported revenue of $242.9 million in the quarter ended March 31, compared with analysts' estimates of $241.0 million, according to Refinitiv data.

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