Rumble Reports Fourth Quarter and Full Year 2023 Results
Rumble Inc. - Class A (RUM)
Company Research
Source: GlobeNewswire
~ Full Year 2023 Revenue Increased 106% to $81.0 Million ~ ~ Fourth Quarter Average Monthly Active Users Sequentially Increased 16% to 67 Million ~ ~ Achieved Company’s Largest Milestone To-Date with Public Launch of Rumble Cloud ~ LONGBOAT KEY, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) ("Rumble" or the "Company”), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter and full year ended December 31, 2023. Q4 2023 and Full Year Key Highlights Revenue for the full year 2023 increased 106% to $81.0 million, compared to $39.4 million for the year ended December 31, 2022. Fourth quarter revenue increased to $20.4 million, compared to $20.0 million in the fourth quarter of 2022, and $18.0 million in the third quarter of 2023.Average global Monthly Active Users (“MAUs”) of 67 million in the fourth quarter of 2023, an increase of 16% from 58 million in the third quarter of 2023. Of the 67 million MAUs
Show less
Read more
Impact Snapshot
Event Time:
RUM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RUM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RUM alerts
High impacting Rumble Inc. - Class A news events
Weekly update
A roundup of the hottest topics
RUM
News
- American Aires Partners with Video Platform, Rumble, Launches Campaign Featuring Russell Brand Reading Aires Ads [Yahoo! Finance]Yahoo! Finance
- Rumble Announces Timing of First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Rumble Inc. (NASDAQ:RUM) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rumble: Stock Momentum Is Not Indicative Of Financial Performance [Seeking Alpha]Seeking Alpha
- Rumble Inc. (NASDAQ: RUM) had its "market perform" rating re-affirmed by analysts at Oppenheimer Holdings Inc..MarketBeat
RUM
Earnings
- 3/27/24 - Beat
RUM
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- RUM's page on the SEC website