Grindr Inc. (GRND)
| Market Cap | 1.71B |
| Revenue (ttm) | 259.69M |
| Net Income (ttm) | -55.77M |
| Shares Out | 175.06M |
| EPS (ttm) | -0.32 |
| PE Ratio | n/a |
| Forward PE | 36.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 188,387 |
| Open | 10.05 |
| Previous Close | 10.06 |
| Day's Range | 9.69 - 10.12 |
| 52-Week Range | 4.49 - 11.13 |
| Beta | 0.29 |
| Analysts | Strong Buy |
| Price Target | 13.33 (+36.3%) |
| Earnings Date | May 13, 2024 |
About GRND
Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its platform enables LGBTQ people to find and engage with each other, share content and experiences, and express themselves. The company offers ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GRND stock is "Strong Buy." The 12-month stock price forecast is $13.33, which is an increase of 36.30% from the latest price.
News
Grindr Unveils New Mission to Build Digital Gayborhood at Web Summit Rio; Introduces Roam™ to Expand Connections Ahead of Travel
LOS ANGELES--(BUSINESS WIRE)--Today at Web Summit in Rio de Janeiro, Grindr Inc. (NYSE:GRND), the premier LGBTQ+ social connector, celebrated its 15th anniversary by announcing a new corporate mission...
Grindr is a a 'really compelling brand' in the social media landscape, analyst says
Grindr (GRND) has grabbed the attention of Wall Street as Citizens JMP Securities initiated coverage of the stock, giving it a Market Outperform rating with a price target of $14 per share. Grindr CEO...
Grindr Partners with Burnett Foundation Aotearoa to Offer Free At-Home HIV Test Kits to Grindr Users Throughout New Zealand
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partnership with Burnett Foundation Aotearoa ...
Former Grindr CPO and Tinder Head of Privacy Ron De Jesus Joins Transcend as the First-Ever Field Chief Privacy Officer
SAN FRANCISCO--(BUSINESS WIRE)--Transcend proudly welcomes Ron De Jesus to its leadership team as the first-ever Field Chief Privacy Officer (FCPO).
Grindr to Participate in the 36th Annual ROTH Conference
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participat...
Grindr CEO talks earnings, growth, travel
Shares of Grindr (GRND) saw an uptick after reporting better-than-expected full-year earnings, posting full-year revenue of $260 million. Grindr CEO George Arison joins Yahoo Finance Live to discuss t...
Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33%
LOS ANGELES--(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 ...
Grindr Announces Date of Fourth Quarter and Full Year 2023 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the GBTQ community, announced that it will release its financial results for the fourth quarter and full ...
Grindr to Participate in Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the GBTQ community, today announced participation in the following upcoming investor events. Morgan Stanl...
Grindr CEO believes AI 'will really change dating'
Grindr (GRND) shares are up 60% year-over-year, and with the dating app set to report earnings in the coming months, CEO George Arison joins Yahoo Finance Live anchors Seana Smith and Executive Editor...
Match Group, Grindr, Bumble: are these dating apps stocks good buys?
Dating apps are not doing well as growth slows after booming during the Covid-19 pandemic. This view is confirmed by the performance of dating app stocks in the United States.
Grindr Forms Exclusive Partnership with Ex-Human to Enhance User Experience Using Artificial Intelligence
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) today announced it has signed an exclusive partnership with Ex-Human, a leading provider of generative artificial intelligence and machine learni...
Grindr Secures New $350 Million Credit Facility
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND), the world's largest social network for the LGBTQ community, today announced that it completed a refinancing via a new $300 million Term Loan A fa...
Grindr CFO to Participate in the Raymond James TMT and Consumer Conference
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participat...
Grindr Brings Free At-Home HIV Self-Test Kits to Europe for the First Time With New Programs in Georgia and Ireland
LOS ANGELES--(BUSINESS WIRE)--At the outset of European testing week, Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partn...
Grindr Inc. Reports Third Quarter 2023 Revenue Growth of 39%, Raises Guidance
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the third quarter ended September 30, 2023 in...
Grindr Names Tolu Adeofe as Director of Investor Relations As It Approaches One Year Anniversary of its NYSE Listing
LOS ANGELES--(BUSINESS WIRE)--Grindr (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced that Tolu Adeofe has joined the company as Director of Investor Relation...
Grindr Announces Q&A Platform for Shareholders Ahead of Third Quarter 2023 Earnings Release
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the opening of a shareholder Q&A on the Say Technologies platform to...
Grindr Announces Date of Third Quarter 2023 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced that it will release its financial results for the third quarter ended Sep...
Grindr Adds Three Key Executives On the Heels of Record Quarter Driven by Deeper User Engagement and New Subscription Options
LOS ANGELES--(BUSINESS WIRE)--Grindr (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the additions of three senior executives: Zac Katz as General Counsel and...
Grindr CEO discusses how AI will revolutionize dating
Grindr CEO George Arison (GRND) spoke with Brian Sozzi at Goldman Sachs' Communacopia + Technology Conference to discuss company's plans to use AI to make changes its app more user-friendly and inclus...
Grindr loses about half its workers after trying to make them come back to the office
Grindr lost nearly half its staff after issuing a return-to-office ultimatum. The dating app told employees to start working from an office 2 days a week or lose their jobs.
Dating app Grindr loses nearly half its staff after trying to force a return to office
LGBTQ dating app Grindr ended its remote work policies and forced employees to relocate. Nearly half of its staff left.
Grindr loses half its workforce over 2-day return-to-office mandate
Furious staffers claim the mandate was in retaliation over their campaign to unionize.
Grindr Loses About 45% of Staff After Strict RTO Policy
About 80 of the 178 employees at the LGBTQ dating app company were forced to resign after the company in August mandated workers return to work in person two days a week at assigned "hub" offices or b...