Stock Analysis

Grindr Third Quarter 2023 Earnings: US$0.003 loss per share (vs US$0.042 loss in 3Q 2022)

NYSE:GRND
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Grindr (NYSE:GRND) Third Quarter 2023 Results

Key Financial Results

  • Revenue: US$70.3m (up 39% from 3Q 2022).
  • Net loss: US$437.0k (loss narrowed by 91% from 3Q 2022).
  • US$0.003 loss per share (improved from US$0.042 loss in 3Q 2022).
earnings-and-revenue-history
NYSE:GRND Earnings and Revenue History November 16th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Grindr shares are up 17% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Grindr (1 can't be ignored!) that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.