Rumble reports Q2 EPS (12c) vs (13c) last year

Reports Q2 revenue $25.1M, consensus $27.9M. Rumble’s (RUM) Chairman and CEO, Chris Pavlovski, commented, “With the incredible backing of Tether and the resources now at our disposal, Rumble is entering a new phase of aggressive growth. We’ve always been ambitious, but today we’re in a different position: pursuing bold initiatives to not only compete with, but surpass, big tech peers. In the second quarter, we proved the stickiness of our platform with 51 million MAUs, delivered double-digit revenue growth, and built momentum through strategic partnerships with leaders like Cumulus Media, and MoonPay, as well as a top AI innovator in Q3. With the upcoming launch of Rumble Wallet and our expanding cloud and AI initiatives, we are laying the foundation for sustained growth while protecting a free and open internet.”