Bumble shares fall 18% after weak Q2 revenue outlook overshadows Q1 earnings beat

Bumble (BMBL) shares dropped nearly 19% following a mixed outlook that overshadowed a Q1 earnings beat. The company reported Q1 GAAP EPS of $0.34 and revenue of $212.38 million, slightly above expectations but down 14% year-on-year. For Q2, Bumble forecasts revenue at about $209 million, below the Wall Street consensus of $215 million. Management described the period as a "transformation phase" with a product overhaul, but provided limited visibility on user metrics, leading to investor concerns and a significant selloff despite strong cash flow and improved margins.