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A class action lawsuit with hundreds of claimants was filed at the High Court in London Monday as plaintiffs accuse the LGBTQ+ dating app Grindr of sharing sensitive medical information, including HIV status, with advertisers, who then allegedly sold that data on to other businesses, multiple outlets reported.
How do you grow a business where a customer's success often means they leave your product?
Grindr (GRND) has grabbed the attention of Wall Street as Citizens JMP Securities initiated coverage of the stock, giving it a Market Outperform rating with a price target of $14 per share. Grindr CEO George Arison spoke to Yahoo Finance in March about his plans to expand the business beyond dating for potential growth.
Shares of Grindr (GRND) saw an uptick after reporting better-than-expected full-year earnings, posting full-year revenue of $260 million. Grindr CEO George Arison joins Yahoo Finance Live to discuss the results, stating that the company is seeing "really great engagement.
Grindr Inc. (NYSE:GRND ) Q3 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head of Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Rohit Kulkarni - ROTH MKM John Blackledge - TD Cowen Emily Stykes - New Street Research. Operator Good afternoon, everyone.
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.