Grindr Inc. Reports Second Quarter 2024 Revenue Growth of 34%, Raises Revenue and Adjusted EBITDA Guidance
Grindr Inc. (GRND)
Company Research
Source: Business Wire
Second Quarter 2024 Revenue of $82 Million, Operating Income of $25 MillionNet Loss Margin of 27% and Adjusted EBITDA Margin of 45%Raising FY 2024 Guidance to 27% or Greater Revenue Growth and 42%+ Adjusted EBITDA Margin LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the second fiscal quarter ended June 30, 2024, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.“Our outstanding second quarter results reflect continued global user growth as we enhance the value and merchandising of our product offerings,” said George Arison, CEO of Grindr. “Our strong execution increases our confidence in our 2024 outlook, which we have raised today. We are looking forward to delivering more for our users and driving continued performance momentum while progressing toward our long-term vision of building the Global Gayborhood in Your PocketTM.”Earnings
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GRND
News
- Grindr to Participate in Upcoming Investor ConferencesBusiness Wire
- Grindr Accelerates Growth of Its Advertising Business and Expands Its Engineering Team With Two Executive HiresBusiness Wire
- Grindr Announces Date of Second Quarter 2024 Financial Results Earnings CallBusiness Wire
- Grindr Inc. (NYSE: GRND) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $17.00 price target on the stock.MarketBeat
- Grindr Launches In-App Access to Sexual Health and Safety Resources in 30 Countries Around the WorldBusiness Wire
GRND
Earnings
- 5/9/24 - Miss
GRND
Sec Filings
- 9/18/24 - Form 4
- 9/13/24 - Form 4
- 9/10/24 - Form 4
- GRND's page on the SEC website