GOOGL - Rumble Q1 Earnings Highlights: Revenue Miss EPS Miss Lawsuit Filed Against Google | Benzinga
Video-sharing platform Rumble Inc (NASDAQ:RUM) reported first-quarter financial results after the market close Tuesday.
Here are the key highlights.
Rumble’s Q1 Report: Rumble reported first-quarter revenue of $17.7 million, up 1% year-over-year. The revenue total missed a Street consensus estimate of $18.3 million, according to data from Benzinga Pro.
The company reported a loss of 21 cents per share for the first quarter, missing a Street consensus estimate of a loss of 19 cents per share.
Rumble had 50 million average global monthly active users (MAUs) in the first quarter, making it the ninth consecutive quarter of 40 million or more average global MAUs on the platform. The figure was down from 67 million global MAUs in the fourth quarter. A total of 35 million MAUs were based in the United States and Canada in the quarter.
The average minutes watched per month totaled 8.6 ...