Rumble Shares Slip in After-Hours as Third Quarter Loss Worsens
$Rumble (RUM.US)$ shares slipped in extended trading Tuesday after the online video network platform's third quarter net loss worsened from a year earlier.
The company said net loss deepened to 15 cents a share in the three months ended Sept. 30, from 14 cents a year earlier. That's bigger that than the average 13 cents expected by two analysts who covered the stock, according to Bloomberg data.
Revenue rose 12% to $25.1 million, missing the $29 million average estimate, according to Bloomberg data.
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Former editor at Bloomberg, ex-commentary editor at Lazard. Posts aren’t investment advice. Views are just mine.
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