Trump Media reports $16 million loss for quarter as revenue falls

[Zincwarrior]

Truth Social generates an astounding $839,000 in the most recent quarter. A media juggernaut is finally catching stride.
Only an $18MM EBITDA loss!

Trump Media reports $16 million loss for quarter as revenue falls​

https://www.cnbc.com/2024/08/09/trump-media-reports-16-million-loss-for-quarter-as-revenue-falls.html

• Trump Media, the social media company whose majority shareholder is former President Donald Trump, reported a net loss of more than $16 million for the most recent financial quarter.
• Trump Media, which owns the Truth Social app often used by the former president, also reported revenue of just $836,900 for the quarter ending June 30, a 30% drop from the same period in 2023.
• The Republican presidential nominee Trump and his running mate Sen. JD Vance will face the Democratic nominee, Vice President Kamala Harris, and Minnesota Gov. Tim Walz in November’s election.

 

[Moonglow]

What a leader...