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Rumble Q1 Earnings Highlights: Revenue Miss, EPS Miss, Lawsuit Filed Against Google - Rumble (NASDAQ:RUM)

Rumble Q1 Earnings Highlights: Revenue Miss, EPS Miss, Lawsuit Filed Against Google - Rumble (NASDAQ:RUM)
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Rumble Inc. Shatters Expectations with Strong Q4 2023 Earnings

Financially, Rumble's performance in the fourth quarter of 2023 exceeded expectations, with reported revenues of $20.4 million, representing a notable increase compared to last year. While the year-end figures reflected a substantial rise in revenues, the company remained aware of the need to streamline operations and enhance efficiency to achieve sustained profitability.

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Rumble Reports Fourth Quarter and Full Year 2023 Results

~ Full Year 2023 Revenue Increased 106% to $81.0 Million ~ ~ Fourth Quarter Average Monthly Active Users Sequentially Increased 16% to 67 Million ~ ~ Achieved Company’s Largest Milestone To-Date.

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