Rumble Reports First Quarter 2024 Results [Yahoo! Finance]
Rumble Inc. - Class A (RUM)
Company Research
Source: Yahoo! Finance
~ Revenue of $17.7 Million, Company Reiterates Expected 2Q Sequential Increase in Topline ~ ~ Announces a Key Strategic Partnership with Barstool Sports ~ LONGBOAT KEY, Fla., May 14, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) ("Rumble" or the "Company”), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter ended March 31, 2024. Q1 2024 Key Highlights and Key Items Completes foundational product portfolio with Rumble Video, Rumble Advertising Center, Rumble Studio, and Rumble Cloud. Revenue for the first quarter increased to $17.7 million, compared to $17.6 million in the first quarter of 2023. Revenue was $20.4 million in the fourth quarter of 2023. Average global Monthly Active Users (“MAUs”) of 50 million in the first quarter of 2024, compared to 67 million in the fourth quarter of 2023. This represents the ninth consecutive quarter above 40 million average global MAUs on the platform. The decrease from
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RUM
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- 5/14/24 - Miss
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Sec Filings
- 6/18/24 - Form 424B3
- 6/18/24 - Form 8-K
- 6/18/24 - Form 4
- RUM's page on the SEC website