Rumble Inc. is a digital media company that operates a video-sharing platform designed to support and promote freedom of speech and expression online
The platform allows users to upload, share, and monetize their video content, catering to a diverse range of creators and audiences. Rumble focuses on providing an alternative to mainstream social media services, emphasizing minimal censorship and a commitment to fostering open dialogue. This approach attracts a varied user base, including independent creators, businesses, and those seeking a platform with fewer restrictions on content.
Video sharing platform Rumble (NASDAQGM:RUM) announced better-than-expected revenue in Q4 CY2024, with sales up 48.2% year on year to $30.23 million. On the other hand, next quarter’s revenue guidance of $22.17 million was less impressive, coming in 11.6% below analysts’ estimates. Its GAAP loss of $1.15 per share was significantly below analysts’ consensus estimates.
Video streaming platform Rumble Inc (NASDAQ:RUM) is likely to highlight new growth initiatives like Rumble Live and its Bitcoin (CRYPTO: BTC) purchase when the company reports fourth-quarter financial results before
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