Rumble Q2 2024 GAAP EPS $(0.13) Beats $(0.15) Estimate, Sales $22.469M Beat $19.690M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rumble (NASDAQ:RUM) reported Q2 2024 GAAP EPS of $(0.13), beating the $(0.15) estimate. Sales were $22.469M, surpassing the $19.690M estimate but down 10.03% from last year's $24.974M.
August 12, 2024 | 8:06 pm
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Rumble reported better-than-expected Q2 2024 GAAP EPS of $(0.13) and sales of $22.469M, beating estimates but showing a YoY decline in sales.
Rumble's better-than-expected EPS and sales figures are positive short-term indicators, despite the YoY decline in sales. This could lead to a short-term price increase.
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IMPORTANCE 80
RELEVANCE 100