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Trump Media & Technology Group Reports Over $300M Loss In First Earnings Since Going Public: Truth Social Parent 'Remains Focused On Long-Term Product Development'

Summary

For the three months ending Mar. 31, the company posted a loss of $327.6 million, which included $311 million in non-cash expenses related to its merger with Digital World, a company created specifically to merge with a target business.

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Article published on May 21, 2024 by benzinga

    Trump Media & Technology Group Reports Over $300M Loss In First Earnings Since Going Public: Truth Social Parent 'Remains Focused On Long-Term Product Development' | DJT Stock News | Candlesense