Rumble Reports Q2 Minutes Watched Per Month Up 46% YoY, Average Global MAUs 44M, Down From 48M QoQ
Portfolio Pulse from Benzinga Newsdesk
Rumble, a video platform, reported a 46% YoY increase in Q2 minutes watched per month. However, the average global monthly active users (MAUs) decreased to 44 million from 48 million quarter over quarter.
August 14, 2023 | 8:09 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Rumble's Q2 report shows mixed results with an increase in user engagement but a decrease in user base. This could potentially impact the company's future revenue and growth.
The increase in minutes watched per month indicates higher user engagement, which is a positive sign. However, the decrease in MAUs could be a concern as it might lead to lower ad revenues. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100