Grindr Issues Guidance Ahead Of Investor Day: Sees Annual Revenue Growth of 20%-25% Through 2027, Raises 2024 Revenue Growth View From 23%+ To 25%+
Portfolio Pulse from Benzinga Newsdesk
Grindr has issued new guidance ahead of its Investor Day, projecting annual revenue growth of 20%-25% through 2027. Additionally, the company has raised its 2024 revenue growth forecast from over 23% to over 25%.
June 26, 2024 | 12:15 pm
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Grindr has provided optimistic revenue growth projections, expecting annual growth of 20%-25% through 2027 and raising its 2024 revenue growth forecast from over 23% to over 25%.
The optimistic revenue growth projections and the raised forecast for 2024 indicate strong future performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100