_trump-media-amp-technology-group-posts-net-loss-in-first-quarter-as-the-truth-social-parent-company-pursues-mergers-stre.jpg "Trump Media & Technology Group Posts Net Loss in First Quarter as the Truth Social Parent Company Pursues Mergers, Streaming Opportunities from caron center wernersville Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 30K times
✓ Published: 22-May-2024
👁 View: 30K times
✓ Published: 22-May-2024
Description:
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_pampered-by-my-ex-husband39s-billionaire-friend-neck-media-kiin-media.webp "Pampered by My Ex Husband's Billionaire Friend")
_pampered-by-my-ex-husband39s-billionaire-friend-neck-media-nova-hub.webp "Pampered by My Ex Husband's Billionaire Friend")
_pampered-by-my-ex-husband39s-billionaire-friend-tl-channel.webp "Pampered by My Ex Husband's Billionaire Friend")
_pampered-by-my-ex-husband39s-billionaire-friend-darkness-channel.webp "Pampered by My Ex Husband's Billionaire Friend")
_how-do-i-know-if-my-volvo-has-throttle-position-sensor-problems.webp "The Throttle Position Sensor (TPS) in your Volvo ensures smooth engine performance. Watch out for signs like rough idle, sluggish acceleration, starting difficulty, poor fuel economy, and a lit check engine light—if you suspect a TPS trouble in your Volvo.<br/>https://www.youtube.com/watch?v=0O1IBFmeHDc")
_khana-kaaba-is-the-center-of-the-world.webp "The concept of the Kaaba as the center of the world is both spiritual and symbolic. Muslims believe that the Kaaba was the first house of worship established for humanity, originally built by the prophets Ibrahim (Abraham) and his son Ismail (Ishmael) on divine instructions. This sanctity is amplified by the belief that the Kaaba aligns directly under a heavenly counterpart.")
_what-does-the-engine-malfunction-reduced-power-message-mean-for-your-bmw-x5.webp "Unlock the enigma of your BMW X5's warning: \")
_what-could-be-preventing-your-vw-beetle-from-starting-after-a-battery-change.webp "Find out why your VW Beetle may hesitate to start after a battery replacement in this presentation. Explore common culprits. Learn how to troubleshoot and resolve these issues for a seamless start every time.<br/>https://www.youtube.com/watch?v=-K5JT9zNafA")
_pampered-by-my-ex-husband39s-billionaire-friend-neck-media-kiin-media.jpg)
_pampered-by-my-ex-husband39s-billionaire-friend-neck-media-nova-hub.jpg)
_pampered-by-my-ex-husband39s-billionaire-friend-tl-channel.jpg)
_pampered-by-my-ex-husband39s-billionaire-friend-darkness-channel.jpg)
_how-do-i-know-if-my-volvo-has-throttle-position-sensor-problems.jpg)
_khana-kaaba-is-the-center-of-the-world.jpg)
_what-does-the-engine-malfunction-reduced-power-message-mean-for-your-bmw-x5.jpg)
_what-could-be-preventing-your-vw-beetle-from-starting-after-a-battery-change.jpg)
![[+]](/images/menu.gif){kind=small}