Trump’s Truth Social posts Q2 loss, lower revenue

Trump Media Reports $16 Million Quarterly Loss

“Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well as consulting and licensing expenses,” NBC News reports. “The stock price of Trump Media, which trades under the DJT ticker, has fallen sharply from a high of more than $71 per share shortly after began publicly tradi…

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Trump Media — owner of Truth Social app — reports losing $16M as revenue plummets 30%

Donald Trump's company, Trump Media — owner of the social media app Truth Social — reported losing $16 million as revenue plummeted 30% from the same period last year, CNBC reported Friday.The stock price for the social media company, whose namesake, Trump, is the majority shareholder, fell from more than $71 per share in March to a meager $26 on Friday afternoon, according to the report. Trump Media's reported loss comes after it reported a $22…

Trump's Truth Social posts Q2 loss, lower revenue

Trump Media and Technology Group, the owner of former President Donald Trump’s social networking site Truth Social, lost more than $16 million last quarter, along with a decline in revenue.

Trump's Truth Social Posts Q2 Loss, Lower Revenue

SARASOTA, Fla. (AP) — Trump Media and Technology Group, the owner of former President Donald Trump’s social networking site Truth Social, lost more than $16 million last quarter, along with a decline in revenue, according to its earnings report Friday.

Trump Media narrows quarterly loss to $16.4 million

Truth Social parent ended June quarter with $344 million in cash, posts revenue of $837,000.