Rumble Announces Progress on Acquisition and Q1 Financial Results
Rumble Inc. (NASDAQ: RUM) reported first-quarter revenue growth to $25.5 million, with an improved adjusted EBITDA loss of $21 million despite a wider net loss due to non-cash items related to its pending acquisition of Northern Data. The company expects the deal to close in June and will expand into cloud infrastructure and AI services.
Tickers: $RUM
Topics: AI services cloud infrastructure Northern Data acquisition Q1 earnings Rumble