BUZZ-Rumble shares slip after Q4 revenue miss

Reuters03-28

** Shares of video-sharing platform Rumble Inc down 4.7% at $8.10 premarket

** Rumble reported Q4 revenue of $20.4 mln after market close on Wednesday, missing analysts' estimate of $28.13 mln and roughly flat vs last year - LSEG

** RUM says beginning Q2 2024, it expects revenue to increase on a sequential basis

** "We expect clarity on the performance of our assets beginning in the second quarter, leading to a stronger topline in the second half of the year" - CEO Chris Pavlovski

** Co also continues to move materially towards breakeven in 2025

** Up to Wednesday's close, stock was up 89.31% YTD

(Reporting by Atharva Singh in Bengaluru)

((atharva.singh@thomsonreuters.com))

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