Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33% [Yahoo! Finance]
Grindr Inc. (GRND)
Company Research
Source: Yahoo! Finance
121 Billion Chats Sent in 2023, with Revenue from Paying Users up 38% Guidance of 23% or Greater Revenue Growth and 40%+ Adjusted EBITDA Margin in 2024 LOS ANGELES, March 07, 2024 BUSINESS WIRE )--Grindr Inc. (NYSE: GRND), the world's largest social network and dating app for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website. "The Grindr team delivered an outstanding first full year as a public company. Our results came in well ahead of our financial guidance; we generated solid growth in paying users supported by the launch of Weeklies, our popular weekly subscription product; and we drove best-in-class user engagement through our improved user experience, highlighted by over 121 billion chats sent on the platform in 2023 and roughly an hour spent on Grindr per day, per user," said George Arison, Chi
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GRND
News
- Grindr Announces Date of First 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 $14.00 price target on the stock.MarketBeat
- Grindr Unveils New Mission to Build Digital Gayborhood at Web Summit Rio; Introduces Roam™ to Expand Connections Ahead of TravelBusiness Wire
- Grindr Inc. (NYSE: GRND) is now covered by analysts at Raymond James. They set an "outperform" rating and a $14.00 price target on the stock.MarketBeat
- Grindr Inc. (NYSE: GRND) is now covered by analysts at JMP Securities. They set a "mkt outperform" rating and a $14.00 price target on the stock.MarketBeat
GRND
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/18/24 - Form 4/A
- GRND's page on the SEC website