Rumble Inc. (RUM) experienced a significant after-hours plunge of 9.35% on Thursday following the release of its first-quarter 2026 financial results.
The video-sharing platform reported a quarterly loss of $0.12 per share, which missed the analyst consensus estimate of a $0.09 loss by 33.33%. This represents a substantial widening from the $0.01 per share loss reported in the same period last year. Furthermore, revenue of $25.459 million fell short of the $25.983 million estimate, despite marking a 7% year-over-year increase.
The company's net loss ballooned to $30.27 million, a sharp increase from the $2.65 million loss recorded a year earlier. While Rumble noted growth in monthly active users and progress on its planned acquisition of AI infrastructure company Northern Data, investors reacted negatively to the wider-than-expected losses and revenue miss.
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