Rumble (RUMBW) Projected to Post Quarterly Earnings on Monday

Rumble (NASDAQ:RUMBWGet Free Report) is anticipated to release its results after the market closes on Monday, August 10th. Analysts expect Rumble to post earnings of ($0.09) per share and revenue of $31.23 million for the quarter.

Rumble Stock Performance

Rumble stock traded down $0.00 during trading hours on Wednesday, hitting $1.68. 9,580 shares of the stock traded hands, compared to its average volume of 17,799. Rumble has a one year low of $0.76 and a one year high of $3.36. The firm’s 50-day moving average price is $1.94 and its two-hundred day moving average price is $1.61.

About Rumble

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Rumble is a video technology company that operates a global online video platform designed to empower content creators and offer an alternative to traditional streaming services. The platform enables users to upload, host, distribute and monetize video content across a range of categories, including news, sports, politics, lifestyle and entertainment. Through an ad‐revenue sharing model and licensing agreements, Rumble provides creators with tools to generate income from their original work while retaining rights to their content.

In addition to its core video hosting service, Rumble offers enterprise‐grade solutions such as Rumble Cloud, a white-label video-streaming service for media companies and organizations seeking to deploy branded video platforms.

Further Reading

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