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.

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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.

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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

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Donald Trump, the majority owner of Trump Media, often uses its Truth Social app as he campaigns as the Republican presidential nominee.

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Trump Media reports $16 million loss for quarter as revenue falls

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…

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

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.  For the three-month period that ended June 30, the company posted a loss of $16.4 million, about half of which was legal expenses related to its merger with a company called Digital World Acquisi…

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“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…

Political Wire

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Trump Media Reports $16 Million Quarterly Loss

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.  For the three-month period that ended June 30, the company posted a loss of…

Trump’s Truth Social posts Q2 loss, lower revenue

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