Grindr Inc reports results for the quarter ended June 30 - Earnings Summary
Grindr Inc reports results for the quarter ended June 30 - Earnings Summary
Grindr Inc GRND.N reported quarterly adjusted earnings of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of five analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 10 cents to 15 cents per share.
Revenue rose 32.5% to $138.14 million from a year ago; analysts expected $134.17 million.
Grindr Inc's reported EPS for the quarter was 10 cents.
The company reported quarterly net income of $17.74 million.
Grindr Inc shares had risen by 19.3% this quarter and gained 26.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Grindr Inc is $21.00, about 21% above its last closing price of $16.58
This summary was machine generated from LSEG data August 7 at 09:13 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.13 | 0.10 | Missed |
Mar. 31 2026 | 0.12 | 0.14 | Beat |
Dec. 31 2025 | 0.12 | 0.10 | Missed |
Sep. 30 2025 | 0.12 | 0.16 | Beat |
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