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.
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