Grindr jumps as Q3 results beat expectations

Grindr

07/11/2025 12:30

** Shares of Grindr  GRND.N rise 8.4% premarket after Q3 results top estimates

** Q3 revenue climbs 30% YoY to $115.77 mln, beating consensus estimate of $113.30 mln

** CEO credits multi-year app innovations for driving engagement and monetization

** Co raises FY25 adjusted EBITDA guidance to $191 mln–$193 mln, signals confidence in outlook on back of strong Q3 beat and user growth momentum

** Avg rating of four analysts is "buy" median PT is $22.50 – LSEG data

** Stock down 23.82% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))