
SAN DIEGO, July 02, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND).
Grindr Inc. is a premier social networking and dating platform tailored for the LGBTQ+ community, launched in 2009. Utilizing advanced location-based technology, Grindr has developed a substantial and loyal user base, reinforcing its prominent position within the social media sector. The company's strategic focus on innovation and enhanced user engagement, combined with robust data analytics capabilities, provides significant potential for advertising revenue growth. As Grindr seeks to broaden its service offerings and cater to the evolving needs of its users, it stands poised to capture the increasing demand for inclusive social networking solutions, presenting a compelling opportunity for institutional investors.
| Revenue (TTM) | $475.90M |
| Gross Profit (TTM) | $355.29M |
| EBITDA | $152.03M |
| Operating Margin | 32.90% |
| Return on Equity | 58.90% |
| Return on Assets | 16.30% |
| Revenue/Share (TTM) | $2.52 |
| Book Value | $0.01 |
| Price-to-Book | 3402.00 |
| Price-to-Sales (TTM) | 5.98 |
| EV/Revenue | 6.78 |
| EV/EBITDA | 21.55 |
| Quarterly Earnings Growth (YoY) | 64.50% |
| Quarterly Revenue Growth (YoY) | 38.30% |
| Shares Outstanding | $177.73M |
| Float | $48.15M |
| % Insiders | 83.53% |
| % Institutions | 21.51% |
Volatility is currently contracting

SAN DIEGO, July 02, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND).

WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that its Board of Directors has appointed George Arison, the company's Chief Executive Officer, to the additional role of Chairman of the Board, effective June 23. J. Michael Gearon, Jr., will continue to serve as Lead Independent Director. The appointment comes at a time of growing momentum for Grindr. Since Arison joined the Company, it has delivered outstanding financial.

GRINDR INC (GRND) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

SAN DIEGO, June 10, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND).

GRINDR INC (GRND) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

SAN DIEGO, June 04, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND).

Grindr rejected an $18/share takeover bid, as the board deemed it undervalued the company's growth potential. GRND continues to deliver revenue growth exceeding 30% YoY, bucking the deceleration trend seen in peers like MTCH and BMBL. Management raised 2026 guidance to at least $535M in revenue and $227M EBITDA, citing accelerating momentum.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that John North, Grindr's Chief Financial Officer, will participate in a fireside chat at the upcoming TD Cowen 54th Annual Technology, Media & Telecom Conference in New York, NY on Wednesday, May 27, 2026, at 1:50 PM ET. A live webcast of the fireside chat will be made available on Grindr's investor relations website at https://investors.grindr.com/. An archived replay of the webc.

The consensus price target hints at a 27.3% upside potential for GRINDR INC (GRND). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Grindr Inc. (GRND) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.