Group 1 - Grindr Inc. reported quarterly earnings of $0.09 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.04 per share a year ago [1] - The company posted revenues of $97.62 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 0.43%, and up from $72.09 million year-over-year [2] - Grindr has surpassed consensus revenue estimates four times over the last four quarters [2] Group 2 - The stock has underperformed, losing about 12% since the beginning of the year compared to the S&P 500's decline of -2.4% [3] - The earnings outlook for Grindr is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $97.5 million, and for the current fiscal year, it is $0.40 on revenues of $427.9 million [7] Group 3 - The Internet - Software industry, to which Grindr belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]
Grindr Inc. (GRND) Matches Q4 Earnings Estimates