Grindr Raises 2024 Revenue Growth Outlook; Sets Annual Revenue Guidance Through 2027-February 2024-www.financetom.com

Grindr Raises 2024 Revenue Growth Outlook; Sets Annual Revenue Guidance Through 2027

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Grindr Raises 2024 Revenue Growth Outlook; Sets Annual Revenue Guidance Through 2027

Jun 26, 2024 6:46 AM

09:16 AM EDT, 06/26/2024 (MT Newswires) -- Grindr ( GRND ) said Wednesday it increased its 2024 revenue guidance to at least 25% from 23%.

The company continues to expect adjusted earnings before interest, taxes, depreciation and amortization growth of at least 40%.

Revenue growth is expected to be 20% to 25% annually through 2027, Grindr ( GRND ) said.

Shares of the company were up nearly 6% in recent Wednesday premarket activity.

Price: 10.85, Change: +0.60, Percent Change: +5.85

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