Trump Media & Technology Group Targets 2026 Completion of TAE Merger
Trump Media & Technology Group Corp. (DJT) has outlined a strategic timeline to finalize its merger with TAE by the end of 2026. Notably, management indicated that they do not intend to pursue further equity issuance at this time, signaling a focus on maintaining current capital structures during the transition. During the Q3 2026 earnings call, Interim CEO Kevin McGurn reported significant top-line growth, with revenue increasing 205% year-over-year to $3 million. This surge was driven by a 78% sequential increase in contracted recurring subscription revenue, highlighting an improving monetization model for the company's platforms.
Tickers: $DJT
Topics: earnings report revenue growth subscription revenue
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