_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 www net gp 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
Related Videos
_lewis-hamilton-addresses-losing-out-to-george-russell-something-i-dont-have-an-answer-for.webp "Lewis Hamilton addresses losing out to George Russell: 'Something I don't have an answer for'Source: Sky Sports News")
⏲ 0:46 👁 4.4M
_f1-2024-miami-gp-meme-recap.webp "Gross Jean")
_gross-profit-vs-net-profit.webp "Xero Accounting Software")
_super-pecco-martin-amp-marquez-main-race-motogp-catlunya-2024-highlights-and-result.webp "Race Cooker")
⏲ 13 minutes 34 seconds 👁 30K
_motogp-catalunya-124-race-highlights-2024.webp "KimGee241")
_khatron-ke-khiladi-14-krishna-shroff-to-sumona-chakravarti-who-is-richest-contestant.webp "आसिम रियाज से लेकर जैकी श्रॉफ की बेटी कृष्णा श्रॉफ तक, 12 सेलिब्रिटीज रोहित शेट्टी के शो में मुश्किल स्टंट से गुजरने के लिए तैयार हैं. बता दें कि इस शो में जाने वाली सबसे अमीर कंटेस्टेंट ने आमिर खान और सलमान खान के साथ हिट फिल्मों में काम किया है. <br/> <br/>From Asim Riaz to Jackie Shroff's daughter Krishna Shroff, 12 celebrities are ready to undergo difficult stunts on Rohit Shetty's show. Let us tell you that the richest contestant going to this show has worked in hit films with Aamir Khan and Salman Khan. <br/> <br/>#KhatronKeKhiladi14Contestant,#KhatronKeKhiladi14RichestContestant,#KhatronKeKhiladi14SabseAmeerContestant,#KhatronKeKhiladi14Sumonachakraborty<br/>~PR.266~ED.120~")
⏲ 3:14 👁 1.9M
_gempar-highlights-full-race-motogp-catalunya-2024-marquez-menggila-p3-124-motogp-hari-ini.webp "GP7- BERITA MOTOGP HARI INI")
⏲ 10 minutes 31 seconds 👁 76.1K
_lewis-hamilton-addresses-losing-out-to-george-russell-something-i-dont-have-an-answer-for.jpg)
_f1-2024-miami-gp-meme-recap.jpg)
_gross-profit-vs-net-profit.jpg)
_super-pecco-martin-amp-marquez-main-race-motogp-catlunya-2024-highlights-and-result.jpg)
_motogp-catalunya-124-race-highlights-2024.jpg)
_khatron-ke-khiladi-14-krishna-shroff-to-sumona-chakravarti-who-is-richest-contestant.jpg)
_gempar-highlights-full-race-motogp-catalunya-2024-marquez-menggila-p3-124-motogp-hari-ini.jpg)
![[+]](/images/menu.gif){kind=small}