Company Performance - Grindr Inc. reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share, but showing an increase from $0.07 per share a year ago, representing an earnings surprise of -20.00% [1] - The company posted revenues of $104.22 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.55%, compared to revenues of $82.35 million in the same quarter last year [2] - Over the last four quarters, Grindr has not surpassed consensus EPS estimates, although it has topped consensus revenue estimates twice [2] Market Outlook - Grindr shares have increased approximately 4.5% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook, including current consensus earnings expectations for upcoming quarters [4][6] - The current consensus EPS estimate for the next quarter is $0.11 on revenues of $112.8 million, and for the current fiscal year, it is $0.47 on revenues of $434.1 million [7] Industry Context - The Internet - Software industry, to which Grindr belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Grindr Inc. (GRND) Misses Q2 Earnings and Revenue Estimates