Grindr Inc. Reports Third Quarter 2024 Revenue Growth of 27%, Raises Revenue Guidance
Grindr Inc. (GRND)
Company Research
Source: Business Wire
Third Quarter 2024 Revenue of $89 MillionNet Income of $25 Million, Net Income Margin of 28%Adjusted EBITDA of $40 Million and Adjusted EBITDA Margin of 45%Raising FY 2024 Guidance to 29% or Greater Revenue Growth LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the third fiscal quarter ended September 30, 2024, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.“Grindr delivered another quarter of strong performance across all key financial and user metrics, enabling us to again raise our revenue outlook for 2024,” said George Arison, CEO of Grindr. “We have made great progress this year in making our app experience better and introducing compelling products and features that address user intent. By staying focused on our users, we expect to continue our momentum in 2025.”Earnings Webcast InformationGrindr will host a live webcast today
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GRND
News
- Grindr Inc. (NYSE: GRND) had its price target raised by analysts at Raymond James from $16.00 to $19.00. They now have an "outperform" rating on the stock.MarketBeat
- Grindr Inc. (NYSE: GRND) had its price target raised by analysts at TD Cowen from $14.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- Grindr Announces Date of Third Quarter 2024 Financial Results Earnings CallBusiness Wire
GRND
Earnings
- 5/9/24 - Miss
GRND
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- GRND's page on the SEC website