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Rumble Shares Rise 6% as Q2 Revenue Beats Estimates

Benzinga ·  08/12 16:43  · 決算

$Rumble (RUM.US)$shares 6% in after-hours trading Monday as the video-sharing platform reported second-quarter revenue that beat analysts' estimates.

Here are the key highlights.

What Happened: Rumble reported second-quarter revenue of $22.5 million, up 27% sequentially. The revenue figure beat a Street consensus estimate of $19.69 million, according to data from Benzinga Pro.

The company reported a loss of 13 cents per share, which beat a Street consensus estimate of a loss of 15 cents per share.

Rumble reported 53 million average global monthly active users in the second quarter, up from 50 million in the first quarter. The company said this is the tenth...

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