(Reuters) -Dating app operator Bumble (NASDAQ:) beat third-quarter earnings expectations on Wednesday, helped by growth in paid subscriptions, sending its shares up 9% in extended trading.
Bumble benefits from promoting features such as text- and image-based unlock gestures, which allow users to respond to images and questions to start a conversation, and the display of interest badges on profiles, which helps increase user engagement and attract younger users.
Total (EPA:) paying users across Bumble apps increased to 4.3 million in the third quarter ended September 30, from 3.8 million a year earlier.
Revenue for the third quarter was $273.6 million, compared with analysts' average estimate of $271.9 million, according to data compiled by LSEG.