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Bumble Adds Users, Makes Profit, But Gives Cautious Outlook

  • CFO says “it’s still unpredictable” when real dating resumes
  • Shares fell in late trading, extending losses since IPO
Blackstone Seeks Payout From Bumble Loan Amid Online Dating Boom
Photographer: Gabby Jones/Bloomberg
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Bumble Inc., the dating app that gives women the first move, added new users in the first quarter and reported a jump in revenue, but remained cautious about how fast people will return to in-person socializing.

“It’s still unpredictable,” Chief Financial Officer Anu Subramanian said on a call with analysts after reporting results. “There isn’t always a perfect correlation between when a market opens up and when people actually start engaging actively in the dating ecosystem.” The shares fell about 1% in late trading, after closing at $47.24 Wednesday in New York.