Latest news with #GrindrInc
Yahoo
08-08-2025
- Business
- Yahoo
Grindr Inc. (GRND) Misses Q2 Earnings and Revenue Estimates
Grindr Inc. (GRND) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -20.00%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. GRINDR INC, which belongs to the Zacks Internet - Software industry, posted revenues of $104.22 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.55%. This compares to year-ago revenues of $82.35 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. GRINDR INC shares have added about 4.5% since the beginning of the year versus the S&P 500's gain of 7.9%. What's Next for GRINDR INC? While GRINDR INC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for GRINDR INC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.11 on $112.8 million in revenues for the coming quarter and $0.47 on $434.1 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Exodus Movement, Inc. (EXOD), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 11. This company is expected to post quarterly loss of $0.08 per share in its upcoming report, which represents a year-over-year change of +78.4%. The consensus EPS estimate for the quarter has been revised 67.7% higher over the last 30 days to the current level. Exodus Movement, Inc.'s revenues are expected to be $24.2 million, up 8.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Grindr Inc. (GRND) : Free Stock Analysis Report Exodus Movement, Inc. (EXOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
24-07-2025
- Business
- Business Wire
Grindr Announces Date of Second Quarter 2025 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)-- Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the second quarter ended June 30, 2025, after the market closes on Thursday, August 7, 2025. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at Following the release of the Shareholder Letter, Grindr will host a webcasted conference call to discuss its results. Earnings Webcast Information Event: Grindr Second Quarter 2025 Earnings Conference Call Date: Thursday, August 7, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Site: An archived webcast of the conference call will be accessible on Grindr's Investor Relations page, About Grindr Inc. With more than 14.5 million average monthly active users, Grindr (NYSE:GRND) has grown to become the Global Gayborhood in Your Pocket™, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190 countries and territories, Grindr is often the primary way for our users to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations in every region of the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play.
Business Upturn
31-05-2025
- Business
- Business Upturn
You Up? Grindr's 'Right Now' Goes Global
West Hollywood, Calif., United States: Grindr, the Global Gayborhood in Your Pocket™ with more than 14.6M average monthly active users, today announced the global launch of Right Now, their newest intent-based feature designed to instantly connect people looking for immediate encounters. This press release features multimedia. View the full release here: Grindr's Right Now feature. Right Now is a real-time feed—separate from the app's main grid that displays profiles—where Grindr users can post text and share photos displayed for one hour, letting other like-minded users know exactly what they're looking for. 'Right Now empowers our users to find exactly what they want, when they want it – without the guesswork,' said AJ Balance, Chief Product Officer at Grindr. 'We built this intention-based feature based on feedback from our community so they can connect with like-minded people without wasting time on mismatched expectations. The response to our initial March launch was so strong we accelerated the global rollout ahead of schedule because it's clear people want this… well, right now.' Following successful pilots in Australia and Washington, D.C., and regional expansions in early 2025, Right Now is now available to all users globally on iOS and Android. Right Now can be accessed directly from a new entry button on the main grid, through the bottom navigation bar, or from the profile side drawer of the app, leading to a dedicated feed optimized for immediate engagement. At launch, depending on their location, people will receive a number of free hour-long Right Now sessions per week (refreshed every Friday), with the option to purchase more sessions after using their complimentary ones. Explore our product roadmap for a closer look at the new features coming to Grindr in 2025. About Grindr Inc. With more than 14.6 million average monthly active users, Grindr (NYSE: GRND) has grown to become the Global Gayborhood in Your Pocket™, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190 countries and territories, Grindr is often the primary way for LGBTQ+ people to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations around the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Wire
22-05-2025
- Business
- Business Wire
Grindr to Participate in the TD Cowen Technology, Media & Telecom Conference
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Vanna Krantz, Grindr's Chief Financial Officer, will participate in a fireside chat at the upcoming TD Cowen 53rd Annual Technology, Media & Telecom Conference in New York, NY on Thursday, May 29, 2025, at 10:50 AM ET. A live webcast of the fireside chat will be made available on Grindr's investor relations website at An archived replay of the webcast will be available following the event. About Grindr Inc. With more than 14.5 million average monthly active users, Grindr (NYSE:GRND) has grown to become the Global Gayborhood in Your Pocket™, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190 countries and territories, Grindr is often the primary way for our users to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations in every region of the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play.
Yahoo
22-05-2025
- Business
- Yahoo
Grindr to Participate in the TD Cowen Technology, Media & Telecom Conference
LOS ANGELES, May 22, 2025--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Vanna Krantz, Grindr's Chief Financial Officer, will participate in a fireside chat at the upcoming TD Cowen 53rd Annual Technology, Media & Telecom Conference in New York, NY on Thursday, May 29, 2025, at 10:50 AM ET. A live webcast of the fireside chat will be made available on Grindr's investor relations website at An archived replay of the webcast will be available following the event. About Grindr Inc. With more than 14.5 million average monthly active users, Grindr (NYSE:GRND) has grown to become the Global Gayborhood in Your Pocket™, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190 countries and territories, Grindr is often the primary way for our users to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations in every region of the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play. View source version on Contacts Investors: IR@ Media: Press@ Sign in to access your portfolio
