Grindr Inc (GRND) shares surged 9.64% in Friday's pre-market trading, building on the previous day's 8.17% gain, as investors continue to react positively to the company's impressive third-quarter 2025 financial results. The dating app company not only beat analyst expectations but also raised its full-year guidance, signaling strong confidence in its future performance.

The Q3 results, released on Thursday, showed robust growth across key metrics. Grindr reported revenue of $115.77 million, surpassing the consensus estimate of $113.30 million and representing a 30% year-over-year increase. The company's adjusted EBITDA for the quarter came in at $54.83 million, also beating the $49.20 million forecast by analysts. Notably, the adjusted EBITDA margin stood at an impressive 47.40%, highlighting the company's operational efficiency.

Grindr's CEO attributed the strong performance to significant app innovations over the past three years, which have driven user engagement and financial results. The company saw growth across key metrics, including Monthly Active Users (MAU), paying users, and Average Revenue Per Paying User (ARPPU). In light of these positive results, Grindr raised its full-year 2025 adjusted EBITDA guidance to between $191 million and $193 million, while reaffirming its revenue growth outlook of 26% or greater for the year. This optimistic outlook, combined with the better-than-expected Q3 results, appears to be fueling investor enthusiasm and driving the stock's significant price increase.