Bumble Inc. (NASDAQ:BMBL) Q2 2024 Results Conference Call August 7, 2024 4:30 PM ET

Company Participants

Cherryl Valenzuela - VP, IR
Lidiane Jones - CEO
Anuradha Subramanian - CFO

Conference Call Participants

Andrew Marok - Raymond James
Cory Carpenter - JP Morgan
John Blackledge - TD Cowen
Ygal Arounian - Citi
Mark Kelly - Stifel
Curtis Nagle - Bank of America Merrill Lynch
Nathan Feather - Morgan Stanley
Shweta Khajuria - Wolfe Research
Jian Li - Evercore ISI
Benjamin Black - Deutsche Bank
Ken Gawrelski - Wells Fargo

Operator

Hello, and welcome to the Bumble Second Quarter 2024 Financial Results Conference call. My name is Elliot, and I'll be coordinating your call today. [Operator Instructions].

I'll now like to hand over to Cherryl Valenzuela, Vice President of Investor Relations. Please go ahead.

Cherryl Valenzuela

Thank you for joining us to discuss Bumble's second quarter 2024 financial results. With me today are Bumble’s CEO, Lidiane Jones; and CFO, Anu Subramanian.

Before we begin, I'd like to remind everyone that certain statements made on this call today are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties and reflect our current expectations based on our beliefs, assumptions and information currently available to us. Although we believe these expectations are reasonable, we undertake no obligation to revise any statement to reflect changes that occur after this call.

Descriptions of factors and risks that could cause actual results to differ materially from these forward-looking statements are discussed in more detail in our earnings press release and filings with the SEC, including our annual report on Form 10-K for the year ended December 31, 2023, and our subsequent periodic filings.

During the call, we also refer to certain non-GAAP financial measures. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from our GAAP results. Reconciliations to the most comparable GAAP measures are available in today's earnings press release, which is available on the Investor Relations section of our website at ir.bumble.com.

And with that, I'll turn it over to Lidiane.

Lidiane Jones

Thank you, Cherryl, and good afternoon, everyone. When I joined Bumble seven months ago, we embarked in a plan to strengthen our foundation to deliver long-term growth and profitability. We added outstanding talent to our team. We set our cost structure. We enforce a culture of excellence and begin to reimagine Bumble App's product to ensure we're delivering the best and most relevant customer experience to women today. As the first dating app built with women at Epicenter, we continue to believe that when dating is better for women, it is better for everyone that is scorch Bumble's mission and will remain our priority.