Rapidcreek@lemmy.world to politics @lemmy.world · 5 months agoDJT shares tumble 13% as Trump Media stock sell-off accelerateswww.cnbc.comexternal-linkmessage-square40fedilinkarrow-up1313arrow-down14
arrow-up1309arrow-down1external-linkDJT shares tumble 13% as Trump Media stock sell-off accelerateswww.cnbc.comRapidcreek@lemmy.world to politics @lemmy.world · 5 months agomessage-square40fedilink
minus-squareEndOfLine@lemm.eelinkfedilinkEnglisharrow-up5·5 months agoI think you meant revenue and not profit. I believe that they are still operating at a loss of several hundred million dollars with a shrinking user base.
minus-squaredragontamer@lemmy.worldlinkfedilinkEnglisharrow-up5·5 months agohttps://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318335901&type=HTML&symbol=DJT&cdn=9e3de96d8329abffd26f1592e860e7c6&companyName=Trump+Media+%26+Technology+Group+Corp.&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15(d)&dateFiled=2024-05-20#StatementofOperations Net Loss: (327,599.7) (Thousands). That’s $327.5 Million lost last quarter. Holy shit.
I think you meant revenue and not profit. I believe that they are still operating at a loss of several hundred million dollars with a shrinking user base.
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318335901&type=HTML&symbol=DJT&cdn=9e3de96d8329abffd26f1592e860e7c6&companyName=Trump+Media+%26+Technology+Group+Corp.&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15(d)&dateFiled=2024-05-20#StatementofOperations
Net Loss: (327,599.7) (Thousands).
That’s $327.5 Million lost last quarter. Holy shit.