00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Rumble shares rose Monday after reporting second quarter 2025 revenue growth
00:06and improved operating efficiency despite a continued net loss that, according to Benzinga,
00:11video sharing and cloud services platform posted second quarter revenue of $25.1 million,
00:16of 12% from last year, determined mainly by higher subscription and licensing revenue.
00:20Average revenue per user rose 24% from the prior quarter to $0.42,
00:25while on the active users fell to $51 million from $59 million.
00:28The company attributed the loss to a slowdown in news and political commentary
00:32outside the U.S. election cycle.
00:34Lumble reported a net loss of $30.2 million compared to a $26.8 million loss a year earlier.
00:40Justin, even a loss improved by $8.2 million to $20.5 million,
00:43up by a $9.1 million reduction in cost of services from lower programming and content expenses.
00:49For all things money, visit Benzinga.com.
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