Dating app Bumble adds users, makes profit, but gives cautious outlook

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.

Sales rose 43% from the same period a year earlier to $171 million, beating the average analyst estimate and the company’s own prediction made in March.