Rumble Inc. (RUM) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.15 per share a year ago.
Rumble Inc. (NASDAQ:RUM ) Q1 2025 Results Conference Call May 8, 2025 5:00 PM ET Company Participants Shannon Devine - IR Chris Pavlovski - Founder, Chairman and CEO Brandon Alexandroff - CFO Conference Call Participants Scott Devitt - Wedbush Francesco Marmo - Maxim Group Operator Good afternoon, ladies and gentlemen, and welcome to Rumble Incorporated's First Quarter 2025 Earnings Call. All participants are in a listen-only mode.
Wedbush analyst Scott Devitt reiterated the Neutral rating on Rumble Inc. RUM on Tuesday, lowering the price forecast from $13 to $10.
Rumble Inc. (NASDAQ:RUM ) Q4 2024 Earnings Conference Call March 25, 2025 11:00 AM ET Company Participants Shannon Devine - IR Chris Pavlovski - Founder, Chairman and CEO Brandon Alexandroff - CFO Conference Call Participants Thomas Forte - Maxim Group Jason Helfstein - Oppenheimer & Company Operator Good morning, ladies and gentlemen, and welcome to Rumble Incorporated's Fourth Quarter and Full Year 2024 Earnings Call. All participants are in a listen-only mode.
Rumble Inc. (RUM) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.14 per share a year ago.
Rumble ended 2024 on a strong note, posting record revenue as the video-sharing platform expanded its user base and secured a major investment to fuel its growth. The company posted record fourth-quarter revenue of $30.2 million, a 48% increase from the previous year.
You've certainly heard of YouTube, but are you familiar with its story? While it's arguably the only user-generated video sharing platform that matters now, this wasn't always the case.
Rumble is a growing video hosting site focused on free speech, but faces high costs as it attracts creators. Despite a healthy balance sheet with a few years of liquidity and zero debt, Rumble's high expenses and cash burn are concerning. Investors should monitor Q4 results and management's cost management plans; the RUM stock is better treated as a hold for now.
The majority of a five-member panel of Brazil's Supreme Court formed a majority on Friday to uphold Justice Alexandre de Moraes' ruling to suspend U.S. video-sharing platform Rumble in the country for not complying with court orders.
U.S. President Donald Trump's Trump Media & Technology Group and video-sharing platform Rumble filed an emergency motion in a U.S. court against Brazilian Supreme Court Justice Alexandre de Moraes, the firms said in a statement on Sunday.
The Brazilian Supreme Court ordered on Friday the suspension of U.S. video-sharing platform Rumble in the country, citing its failure to comply with court orders, in a similar path to the one faced by Elon Musk's X last year.
Brazilian Supreme Court justice Alexandre de Moraes ordered U.S. video-sharing platform Rumble immediate and full suspension in the country due to non-compliance with court orders, a court decision showed on Friday.