Grindr First Quarter 2025 Earnings: Revenues Disappoint
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Grindr (NYSE:GRND) reported disappointing first-quarter 2025 earnings with revenues of $93.9 million, a 25% increase from Q1 2024. The company achieved a net income of $27 million, recovering from a loss of $9.41 million in the previous year. Earnings per share rose to $0.15 from a loss of $0.054. Despite the positive growth, risks remain, with one warning sign identified. Future revenue is projected to grow at an average of 18% annually over the next three years, outperforming the industry average of 10%.
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