Grindr Sets Date of Second Quarter 2024 Financial Results Release
Grindr has announced the release date of the upcoming second quarter financial reports.
The LGBTQ+ dating platform revealed this week (July 24) the results will be published on August 8 after the stock market closes.
Result figures will be based on the quarter ended June 30.
Grindr took the Global Dating Market by storm after its release in 2015, with now more than 13.7 million monthly active users. It has expanded to 190 countries and territories since its release.
A Shareholder Letter will be posted on its Investor Relations site before Grindr will host a webcasted conference call to discuss the results.
A reply of the webcast will be available on the Investor Relations page following the live call.
The premiere LGBTQ+ social connector reported a 35% revenue growth following the first quarter financial results earlier this year when total figures rose to $75 million.
Talking about the increase, Grindr’s Chief Executive Officer George Arison said: “Grindr is off to an outstanding start to 2024, highlighted by revenue growth of 35% year-over-year and strong margins in our first quarter.
“Results were excellent across the business. We’re making good progress on our strategic priorities for the year, highlighted by our product roadmap with two new products in development built with user intent in mind.
“We are excited about the opportunities ahead in 2024 and beyond as we execute on our long-term vision to build the ‘Global Gayborhood in Your Pocket’.”