Grindr (NYSE:GRND) reported fourth-quarter revenue that surpassed analyst expectations but saw its stock decline as its 2025 guidance fell short of investor hopes.
The dating app company posted Q4 revenue of $97.6 million, beating the consensus estimate of $91 million. However, Grindr’s shares fell 2.4% following the earnings release, as investors appeared to focus on the company’s 2025 outlook.
Grindr’s initial 2025 guidance calls for revenue growth of 24% or greater and an adjusted EBITDA margin of 41% or higher. While these figures represent continued growth, they may not have met the market’s more ambitious expectations.
