Grindr raised its guidance for the current year, expecting $560 million in revenue and $236 million in adjusted earnings before interest, taxes, depreciation and amortization. The company plans to roll out its premium “Edge” artificial intelligence-powered subscription plan later in November for $120 a month, and will hold its first investor day in three years in June.

For more, CEO George Arison speaks with Bloomberg's Carol Massar and Tim Stenovec.