Bumble, Inc. (NASDAQ:BMBL) reported its fourth-quarter results after Tuesday's closing bell. Here's a look at the details from the report. 

The Details: Bumble reported quarterly revenue of $261.6 million which beat the analyst consensus estimate of $260.47 million and is a decrease from revenue of $273.64 million from the same period last year. Total Paying Users fell 57,000 from the previous quarter.

• Bumble App Revenue decreased 3.8% to $212.4 million, compared to $220.7 million. This includes an unfavorable impact of $1.7 million from foreign currency movements year over year.
• Badoo App and Other Revenue decreased 6.8% to $49.3 million, compared to $52.9 million. This includes an unfavorable impact of $0.9 million from foreign currency movements year over year.
• Total Paying Users increased 5.3% to 4.2 million, compared to 4 million.
• Total Average Revenue per Paying User (ARPPU) decreased to $20.58, compared to $22.64.

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“Over the past year, we have established a strong foundation for Bumble, building a robust innovation pipeline and instilling a high-performance culture and capabilities to drive results,” said Lidiane Jones, CEO of Bumble.

“The company is executing on an exciting product roadmap for the year ahead, guided by our three strategic priorities: strengthening our ecosystem, delivering exceptional customer experiences, and enhancing our revenue strategy,” Jones added.

Outlook: Bumble sees first-quarter revenue in a range of $242 million to $248 million, versus the $256.86 million estimate.

BMBL Price Action: According to data from Benzinga Pro, Bumble shares are down 14.2% after hours at $6.95 after falling 4.26% in regular trading Tuesday.  

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