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Rumble Inc reports results for the quarter ended June 30 - Earnings Summary

Rumble Inc RUM.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents.  The mean expectation of four analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -8 cents to -4 cents per share.

Revenue rose 11.6% to $25.08 million from a year ago; analysts expected $26.78 million.

Rumble Inc's reported EPS for the quarter was a loss of 12 cents​.

The company reported a quarterly loss of $30.22 million.

Rumble Inc shares had fallen by 12.2% this quarter and lost 39.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 16.7% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is  "buy."

Wall Street's median 12-month price target for Rumble Inc is $10.00, about 21.2% above its last closing price of $7.88

This summary was machine generated from LSEG data August 11 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.07-0.11Missed
Mar. 31 2025-0.100.03Beat
Dec. 31 2024-0.12-0.25Missed
Sep. 30 2024-0.12-0.15Missed

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