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Posted On: 05/21/2024 6:51:33 AM
Post# of 27260
The Daily Beast reported Monday that Trump Media, the publicly traded parent company of Trump Social, reported a net loss of nearly $330 million in the first three months of 2024.
"Trump Media...reported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year," the report states. "However, it also reported a net loss of $327.6 million during the first three months of the year, as compared with a loss of $210,300 a year ago."
"Trump Media...reported $770,500 in revenue—crediting its “nascent advertising initiative”—down from $1.1 million last year," the report states. "However, it also reported a net loss of $327.6 million during the first three months of the year, as compared with a loss of $210,300 a year ago."
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