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Grindr (GRND) shares are up 60% year-over-year, and with the dating app set to report earnings in the coming months, CEO George Arison joins Yahoo Finance Live anchors Seana Smith and Executive Editor Brian Sozzi to discuss their recent success. After raising full-year guidance in both August and November 2023, Arison says he expected 2024 to go well for Grindr,and "so far everything is going as well as we expected.
Grindr Inc (NYSE:GRND) has announced an exclusive partnership with Ex-Human to boost the artificial intelligence capabilities and machine learning models of its LGBTQ+ dating app. Grindr said the partnership is aimed at enhancing the experience of its users by leveraging Ex-Human's foundational models and tools to build new, engaging features designed to support the wide range of networking and dating needs of its users — from casual encounters to longer-term relationships.
Grindr Inc (NYSE:GRND) shares moved higher in afterhours trade the company reported a jump in revenue and a narrowing loss for the third quarter and raised its 2023 outlook. Grindr, best known for its dating app of the same name which serves the LGBTQ community, reported a 39% year-over-year increase in revenue to $70.3 million.