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Grindr (GRND) - 2024 Q2 - Quarterly Results
2024-08-08 20:09
Exhibit 99.1 Grindr Inc. Reports Second Quarter 2024 Revenue Growth of 34%, Raises Revenue and Adjusted EBITDA Guidance Second Quarter 2024 Revenue of $82 Million, Operating Income of $25 Million Net 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 TM LOS ANGELES, CA – August 8, 2024 – Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket , today posted its financial results for the second fiscal quarter e ...
Grindr Inc. (GRND) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-07-17 17:01
While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Grindr Inc. Currently ...
Grindr (GRND) - 2024 Q1 - Earnings Call Transcript
2024-05-10 20:55
Grindr Inc. (NYSE:GRND) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Tolu Adeofe - Head of Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Nick Jones - Citizens JMP Andrew Marok - Raymond James Rohit Kulkarni - ROTH MKM Good afternoon. My name is Clouie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Grindr Q1 2024 Earnings Conference Call. All lines have been placed on mute to prevent any backg ...
Grindr (GRND) - 2024 Q1 - Quarterly Report
2024-05-10 20:28
Table of Contents For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-39714 ________________________ Grindr Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Securities registered ...
Grindr (GRND) - 2024 Q1 - Quarterly Results
2024-05-09 20:09
1LETTER TO SHAREHOLDERS Q1 2024 Shareholder Letter First Quarter 2024 May 9, 2024 2LETTER TO SHAREHOLDERS Q1 2024 Grindr is off to a great start in 2024, delivering year-over-year revenue growth of 35% and an Adjusted EBITDA margin of 42% in Q1 2024. These results, along with continued strength in our key metrics and momentum in product development, are setting us up for a strong year. As previously indicated, we expect to see elevated revenue growth rates in the first half of 2024 due to our XTRA Weekly su ...
Grindr Dating App Shared HIV Status Of English Users With Advertisers, New Lawsuit Says
Forbes· 2024-04-22 13:36
ToplineA class action lawsuit with hundreds of claimants was filed at the High Court in London Monday as plaintiffs accuse the LGBTQ+ dating app Grindr of sharing sensitive medical information, including HIV status, with advertisers, who then allegedly sold that data on to other businesses, multiple outlets reported.The Grindr app logo is seen amongst other dating apps on a mobile phone screen in London, England. Getty Images Key FactsEnglish law firm Austen Hays alleges Grindr breached data protection laws ...
Grindr Goes Beyond Dating
The Motley Fool· 2024-04-16 20:55
How do you grow a business where a customer's success often means they leave your product?George Arison is the CEO of Grindr, a social networking app for gay, bi, trans, and queer people. Motley Fool host Dylan Lewis caught up with Arison for a conversation about:Grindr's growth story.Looking beyond dating for platform engagement.What companies can lose in a remote-only environment.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check ou ...
Grindr (GRND) - 2023 Q4 - Annual Report
2024-03-11 20:49
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-39714 ________________________ Grindr Inc. (Exact name of registrant as specifie ...
Grindr (GRND) - 2023 Q4 - Earnings Call Transcript
2024-03-08 01:43
Company Participants Conference Call Participants Operator I would now like to turn the conference over to Ms. Tolu Adeofe, Grindr's Head of Investor Relations. Please go ahead, ma'am. Thank you, moderator. Hello, and welcome to the Grindr earnings call for the fourth quarter and full year 2023. Today's call will be led by Grindr's CEO, George Arison; and CFO, Vanna Krantz. They will make a few brief remarks and then we'll open it up for questions. Please note Grindr released its shareholder letter this aft ...
Grindr (GRND) - 2023 Q4 - Annual Results
2024-03-07 20:15
Exhibit 99.1 Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33% Grindr Inc. Reports 2023 Q4 and Full Year 2023 Earnings Results 2023 Full Year Revenue was $260 Million, Operating Income was $55 Million, Net Loss Margin of 21% and Adjusted EBITDA Margin of 42% 121 Billion Chats Sent in 2023, with Revenue from Paying Users up 38% "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 u ...