00:00It's Benzinga bringing Wall Street to Main Street.
00:02Rumble reported first quarter revenue of $25.46 million, up 7% year-over-year and below a street
00:10estimate of $25.98 million, according to Benzinga Pro. The company reported a first quarter loss
00:17of 12 cents per share, missing estimates for a loss of 9 cents per share. Rumble said revenue
00:24marked a first quarter record. The company ended the quarter with 56 million global monthly
00:30active users, up 8% from the fourth quarter, driven by international expansion and growth
00:36of Rumble Shorts. Rumble Shorts reached a record 2 million unique video views in a single day
00:41during May. Rumble launched the non-custodial Rumble wallet through a partnership with Tether,
00:46allowing creators to receive direct crypto payments. Rumble said it remains on track to
00:51acquire AI infrastructure company Northern Data in mid-June 2026. Shares fell 8.2% in after-hours
00:59trading on Thursday. For all things money, visit Benzinga.com.
Comments