DJT: Trump Media reports $771,000 revenue for first quarter, net loss of
$327.6 million
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Trump Media Reports $327M First Quarter Loss as It Posts Revenue of Just $770K
Trump Media & Technology Group, the company that owns Truth Social, on Monday posted an alarming loss and less than $1 million in revenue in...
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Trump Media and Technology Group Reports $327.6 Million Loss in First Public Earnings Report
This marks a decline from the $1.1 million in revenue recorded during the same period the previous year. In the same quarter last year, Trump Media reported a loss of $210,300.
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Trump Media Stock Up After Company Reports $300 Million Loss
Shares of Trump Media & Technology Group rose Tuesday in pre-market trading, following the release of the company's first quarter earnings report on Monday.The ContextTMTG, the parent company of former President Donald Trump's social media platform Truth Social, reported a net loss of $327.6 million for the first quarter of 2024. This loss was primarily attributed to non-cash expenses related to the company's recent merger with Digital World Acquisition Corp., a special purpose acquisition...