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Friday, 04/14/2023 6:50:14 PM

Friday, April 14, 2023 6:50:14 PM

Post# of 102
>>> Rumble Full Year 2022 Earnings: Beats Expectations

Simply Wall St

April 5, 2023


https://finance.yahoo.com/news/rumble-full-2022-earnings-beats-100458319.html


Rumble (NASDAQ:RUM) Full Year 2022 Results

Key Financial Results

Revenue: US$39.4m (up 316% from FY 2021).

Net loss: US$11.4m (loss narrowed by 15% from FY 2021).

US$0.047 loss per share (improved from US$0.063 loss in FY 2021).

Revenue exceeded analyst estimates by 45%. Earnings per share (EPS) also surpassed analyst estimates by 69%.

Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are up 4.5% from a week ago.

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