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Grindr Inc - GRND STOCK NEWS

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 (GRND) operates the world's largest social networking app for LGBTQ communities, combining discreet connection features with cutting-edge mobile technology. This page serves as the definitive source for verified company announcements, providing investors and industry observers with timely updates on operational developments.

Access curated press releases spanning financial results, product enhancements, privacy initiatives, and strategic partnerships. Our repository includes SEC filings, leadership updates, and technology milestones – all essential for understanding Grindr's position in social networking and mobile software markets.

Key updates cover platform innovations leveraging agile development practices, cloud infrastructure expansions, and user growth metrics. Bookmark this resource to monitor how Grindr's engineering expertise in non-blocking I/O systems and secure architecture supports its unique market position.

For comprehensive tracking of GRND's business trajectory, revisit regularly for new announcements regarding international expansion, community initiatives, and technical advancements that drive this specialized social platform forward.

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Grindr Inc. (NYSE: GRND) has announced that it will release its financial results for the first quarter ended March 31, 2024, after the market closes on Thursday, May 9, 2024. The company will host a webcasted conference call to discuss its results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.
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Grindr unveils new mission to build digital Gayborhood at Web Summit Rio and introduces Roam™ to expand connections ahead of travel, aiming to transform social networking for the LGBTQ+ community globally.
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Grindr Inc. partners with Burnett Foundation Aotearoa to offer free HIV self-test kits to Grindr users in New Zealand, expanding their global public health initiative. Over 235,000 test kits were distributed in 2023, with New Zealand being the latest country to benefit from this program.
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Grindr Inc. (NYSE: GRND) announces its CFO's participation in a fireside chat at the 36th Annual ROTH Conference. The event will take place on March 18, 2024, at 2:00 PM PT in Dana Point, CA. Investors can access the live webcast on Grindr's investor relations website.
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Grindr Inc. reported robust 2023 Q4 and full-year 2023 earnings, with $260 million in revenue, $55 million in operating income, a 21% net loss margin, and a 42% adjusted EBITDA margin. The company saw a 38% increase in revenue from paying users, with 121 billion chats sent in 2023. Grindr anticipates a 23% or greater revenue growth and a 40%+ adjusted EBITDA margin in 2024.
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Grindr Inc. (NYSE: GRND) to release financial results for Q4 and full year 2023 on March 7, 2024. Webcasted conference call to discuss results.
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Grindr Inc. (NYSE: GRND) announces participation in upcoming investor events hosted by Morgan Stanley and Citizens JMP. The events will feature presentations by CEO George Arison and CFO Vanna Krantz, with live webcasts available on Grindr's investor relations website.
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Grindr Inc. (NYSE: GRND) partners with Ex-Human to enhance its in-house artificial intelligence capabilities, aiming to improve the dating experience for the LGBTQ+ community. The partnership will leverage Ex-Human's AI models to create new features while prioritizing user privacy and data control. Grindr plans to release AI prototypes in 2024.
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Grindr Inc. (NYSE:GRND) completes a refinancing via a new $300 million Term Loan A facility and a $50 million Revolving Credit facility. The transaction is expected to reduce interest expense by approximately $17M in 2024. The joint lead arrangers of the transaction are J.P. Morgan, Bank of America, Citizens Bank, and Silicon Valley Bank, with Capital One also participating as a lender. The new facilities mature in November 2028 and bear interest at a rate equal to Term SOFR plus an applicable margin of 275 to 325 basis points above the Secured Overnight Financing Rate (SOFR), based on Grindr’s leverage.
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Grindr Inc. (NYSE: GRND) to Participate in Fireside Chat at Raymond James TMT and Consumer Conference on December 4, 2023
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Grindr Inc

NYSE:GRND

GRND Rankings

GRND Stock Data

4.08B
45.30M
79.3%
14.43%
1.74%
Software - Application
Services-computer Programming, Data Processing, Etc.
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United States
WEST HOLLYWOOD