Net loss articles
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Trump Media reports $327M net loss in 'dire' new filing: analysis
The financial problems plaguing former President Donald Trump's media company and social platform appear not to be getting any better, according to a new analysis.The Daily Beast reported Monday that Trump Media, the publicly traded parent company of Trump Social, reported a net loss of nearly $330 million in the first three months of 2024."Trump Mediareported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year," the report states. "However, it...
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Nexxen reports first-quarter 2024 earnings: Revenue Up, Net Loss Narrows
Nexxen International Ltd. (NEXN), a global advertising technology company specializing in video and Connected TV (CTV) advertising, today released its financial results for the first quarter ended on March 31, 2024.
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Trump Media and Technology Group Posts Over $300M Net Loss in First Public Quarter
Trump Media and Technology Group is the owner of former President Donald Trump's social networking site Truth Social.