Bumble app relaunch aims to turn growth story around: Analyst

Bumble (BMBL) released first quarter earnings, reporting a beat on the top and bottom lines. Amid pressure faced by dating app stocks, Citi's US Internet Analyst Ygal Arounian, joins the Morning Brief to discuss the outlook for Bumble moving forward.
Arounian notes that "expectations have been so low" for dating app stocks, with a slowdown in growth across the user base. However, he highlights Bumble's ability to beat first quarter estimates while attracting more paying users. This, coupled with the company's not lowering its outlook, "was enough to get investors a little bit more excited here."
Regarding Bumble's recent relaunch of their app, Arounian acknowledges that "it's a little early to tell" whether these changes will have a significant impact on the company's momentum. However, he says this restructuring is a strategic move to "turn around the stories" of dating apps.
Arounian discusses the importance of Gen-Z users to the company's margins. However, he says today's young generation is not as active on dating apps as previous generations.
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[@-.TS.-]

Men (for the most part) getting desperate = Opportunity to capitalize

[@freudianslip2192]

It doesn't matter what they try unless they solve the biggest problem with dating apps. Which is average women not wanting to date average men.
That fact has replicated itself on every dating app. The data is public.
Average men message these average women and instead of them being happy with their abundance they think to themselves “I can do better”