Grindr Inc. announced its financial results for the third fiscal quarter ended September 30, 2024, reporting a 27% year-over-year increase in total revenue. This performance was detailed in a Letter to Shareholders posted on the company's investor relations website.
The company also raised its revenue guidance for the full year 2024, signaling continued positive momentum. This updated outlook provides investors with a clearer picture of Grindr's expected financial trajectory.
These results highlight Grindr's ability to sustain growth and effectively monetize its platform within the LGBTQ+ social networking market.
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