BUZZ-Grindr climbs after raising FY revenue forecast
ReutersJan 24, 2025 10:56 AM
Shares of Grindr GRND.N rise 10.4% to $18.47 premarket
The dating service for the LGBTQ+ community expects to beat its earlier FY24 rev forecast
Co expects full-year 2024 rev between $343 mln and $345 mln, a 32%-33% growth from a year ago, compared with its earlier forecast of 29% y-o-y growth
Co announces redemption of its public and private placement warrants at 10 cents per warrant, effective Feb 24, 2025
Co reaffirms its adjusted EBITDA margin of 42% or greater for FY24
GRND stocks gained 103.2% in 2024
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