Rumble Reports Third Quarter 2024 Results
Rumble Inc. - Class A (RUM)
Company Research
Source: GlobeNewswire
~ MAU Growth to 67 Million, Up 26% Quarter-over-Quarter ~ ~ Record Revenues of $25.1 Million, Up 39% Year-over-Year ~ ~ Fourth Consecutive Quarter of Reduced Cash Usage, 25% Less Usage Than Prior Quarter ~ LONGBOAT KEY, Fla., Nov. 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 third quarter ended September 30, 2024. Q3 2024 Key Highlights and Key Items Revenue for the third quarter was $25.1 million, a sequential increase of 12% from $22.5 million in the second quarter of 2024, and an increase of 39% compared to $18.0 million in the third quarter of 2023.Average global Monthly Active Users (“MAUs”) of 67 million in the third quarter of 2024, compared to 53 million in the second quarter of 2024. This represents the eleventh consecutive quarter above 40 million average global MAUs on the platform. We believe that the increase from the secon
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News
- Rumble Inc. (NASDAQ: RUM) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $8.00 price target on the stock.MarketBeat
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- RUMBLE INC (RUM) Soars 6.6%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
- Rumble Sets Records Across the Board on a Historic Election NightGlobeNewswire
- Steven Crowder’s MugClub Community Joins Rumble Premium Ahead of the “Election Livestream of the Century: The Rumble on Rumble”GlobeNewswire
RUM
Earnings
- 11/12/24 - Miss
RUM
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- RUM's page on the SEC website