Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Grindr Inc. (GRND) - Grindr Inc. currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - Over the past week, GRND shares increased by 6.36%, outperforming the Zacks Internet - Software industry, which rose by 5.38% [6] - In the last month, GRND's price change was 13.35%, compared to the industry's 7.38% [6] - Over the past quarter, GRND shares have risen by 26.35%, and over the last year, they have gained 137.5%, while the S&P 500 increased by 6.59% and 32.84%, respectively [7] Trading Volume - GRND's average 20-day trading volume is 605,332 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for GRND has increased, while none have decreased, raising the consensus estimate from -$0.03 to $0.04 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating a positive earnings outlook [10] Conclusion - Given the positive momentum indicators and earnings outlook, GRND is positioned as a promising investment opportunity with a Momentum Score of B [11]

Shares of Grindr Inc. (GRND) have gained 14.3% over the past four weeks to close the last trading session at $14.63, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $19.33 indicates a potential upside of 32.1%.The average comprises three short-term price targets ranging from a low of $18 to a high of $21, with a standard deviation of $1.53. While the lowest estimate indicates an ...

Grindr Inc. (NYSE:GRND) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head-Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Conference Call Participants Nick Jones - Citizens JMP Andrew Marok - Raymond James John Blackledge - TD Cowen Operator Good afternoon. My name is Rob, and I will be your conference operator today. At this time, I would like to welcome everyone to the Grindr's Third Quarter 2024 Earnings ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ________________________ (Mark One) xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-39714 ________________________ Grindr ...

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Grindr Inc. (GRND) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.07, delivering a surprise of 40%.Over the last four quarters, the company has su ...

Exhibit 99.1 Grindr Inc. Reports Third Quarter 2024 Revenue Growth of 27%, Raises Revenue Guidance Third Quarter 2024 Revenue of $89 Million Net Income of $25 Million, Net Income Margin of 28% Adjusted EBITDA of $40 Million and Adjusted EBITDA Margin of 45% Raising FY 2024 Guidance to 29% or Greater Revenue Growth TM LOS ANGELES, CA – November 7, 2024 – Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket , today posted its financial results for the third fiscal quarter ended September 30, 2024, i ...

Astrada Advisors delivers actionable recommendations that enhance portfolio performance and uncover alpha opportunities, supported by a strong track record in investment research at leading global investment banks. With expertise spanning technology, media, internet, and consumer sectors in North America and Asia, Astrada Advisors excels in identifying high-potential investments and navigating complex industries.Leveraging extensive local and global experience, Astrada Advisors offers a unique perspective o ...

Grindr Inc. (GRND) shares soared 9.1% in the last trading session to close at $12.92. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.1% gain over the past four weeks. Grindr Inc. is benefiting from a 34% year-over-year revenue growth in the second quarter of 2024, driven by enhanced premium features, increased user engagement, and strong advertising performance. This company is expected to post quarterly earnings of $0.07 per ...

Since earlier this summer, a swarm of articles has flooded the internet about how young singles have started to turn away from dating apps and opt instead to meet potential partners "IRL," through running clubs. A lower propensity With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor ...