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Truth Social parent TMTG, which has a $5B market cap, reports Q2 revenue down 30% YoY to $837K and a net loss of $16.4M; Trump owns 59.9% of TMTG&apos


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2024-08-10 04:52:26
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Cybersecurity Business

Eva Dou / Washington Post:

Truth Social parent TMTG, which has a $5B market cap, reports Q2 revenue down 30% YoY to $837K and a net loss of $16.4M; Trump owns 59.9% of TMTG's common stock  —  Donald Trump's company, which operates Truth Social, said it earned $837,000 in quarterly revenue.



Eva Dou / Washington Post:

Truth Social parent TMTG, which has a $5B market cap, reports Q2 revenue down 30% YoY to $837K and a net loss of $16.4M; Trump owns 59.9% of TMTG's common stock  —  Donald Trump's company, which operates Truth Social, said it earned $837,000 in quarterly revenue.



Source: TechMeme
Source Link: http://www.techmeme.com/240809/p23#a240809p23


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