Welcome to our dedicated page for Grindr news (Ticker: GRND), a resource for investors and traders seeking the latest updates and insights on Grindr stock.
Grindr Inc. (NYSE: GRND) is the company behind the Grindr app, a social networking platform for gay, bi, trans, and queer people that it calls the “Global Gayborhood in Your Pocket™.” This news page aggregates coverage of Grindr’s corporate developments, product-related announcements, cultural initiatives, and financial updates, giving readers a focused view of how the company evolves as a public technology issuer in the software–application sector.
Visitors can expect news about Grindr’s user community and cultural footprint, including features like GRINDR UNWRAPPED, the company’s annual queer year-in-review based on anonymous, aggregated data from its more than 15 million average monthly active users across 190+ countries and territories. These stories highlight how the platform reflects and amplifies LGBTQ+ culture, from pop culture rankings to insights on dating, travel, and in-app behavior.
Coverage also includes corporate and governance updates, such as changes to the board of directors, leadership appointments, and responses to non-binding proposals from large shareholders to take the company private. Readers can follow how Grindr’s special committee of independent directors evaluates such proposals and how ownership concentration among major shareholders shapes the company’s strategic options.
Financial and capital structure news is another key theme. Articles report on quarterly earnings releases, shareholder letters, and adjustments to Grindr’s credit facilities, including amendments that increase term loan and revolving credit capacity and extend maturities. Together, these updates provide context on how Grindr funds its operations, invests in growth, and manages its balance sheet.
By following this page, investors and interested readers can monitor how Grindr balances its role as a global LGBTQ+ community platform with the responsibilities and dynamics of being a publicly traded company.
Grindr Inc. (NYSE: GRND) reported a 35% revenue growth in the first quarter of 2024, with $75 million in revenue, $19 million in operating income, a net loss margin of 12.5%, and an adjusted EBITDA margin of 41.9%. The CEO, George Arison, highlighted the excellent results, strategic priorities progress, and new product development. The company is optimistic about future opportunities to build the 'Global Gayborhood in Your Pocket'.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Grindr (GRND)?
What is the market cap of Grindr (GRND)?
