Brief: Grindr Inc Says Guidance Of 23% Or Greater Revenue Growth & 40%+ Adjusted EBITDA Margin In 2024

Grindr

07/03/2024 20:26

March 7 (Reuters) - Grindr Inc  GRND.N :
    * GRINDR INC - GUIDANCE OF 23% OR GREATER REVENUE GROWTH AND
40%+
ADJUSTED EBITDA MARGIN IN 2024
    * GRINDR INC: QTRLY  REVENUE $72.1 MILLION VERSUS $54.5
MILLION
    * GRINDR INC - WORK STARTED IN 2023 WITH KEY LEADERSHIP,
TALENT
ADDITIONS TO CONTINUE IN 2024 & 2025 AS CO SCALE SIZE OF TEAM
BACK TO EARLY 2023 LEVELS
    * GRINDR: EXPECT TO CONTINUE GO FORWARD STRATERGY IN 2024 TO
SET
CO FOR IMPROVED GROWTH IN ADS BUSINESS LINE IN 2025

Source text for Eikon:  ID:n0001820144-24-000009 
Further company coverage:  GRND.N 

 ((Reuters.Briefs@thomsonreuters.com;))