Rumble Reports Second Quarter 2024 Results
Rumble Inc. - Class A (RUM)
Company Research
Source: GlobeNewswire
~ Delivers Sequential Revenue Growth of 27% to $22.5 Million ~ ~ Introduces New KPI, Average Revenue Per User (ARPU), Up 19% Over First Quarter ~ LONGBOAT KEY, Fla., Aug. 12, 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 June 30, 2024. Q2 2024 Key Highlights and Key Items Revenue for the second quarter was $22.5 million, a sequential increase of 27% from $17.7 million in the first quarter of 2024 and compared to $25.0 million in the second quarter of 2023.Average global Monthly Active Users (“MAUs”) of 53 million in the second quarter of 2024, compared to 50 million in the first quarter of 2024. This represents the tenth consecutive quarter above 40 million average global MAUs on the platform. We believe that the increase from the first quarter of 2024 is attributable to an increased interest in political news in the second qua
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RUM
News
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- Rumble Inc. (RUM) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
RUM
Earnings
- 8/12/24 - Beat
RUM
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- 9/6/24 - Form 4
- RUM's page on the SEC website