Trump Media Revenue Jumps 205% to $3.0 Million in Third Quarter
Trump Media & Technology Group said revenue more than tripled year over year, citing growth in its Truth API data-licensing business.
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09:14:51 PM UTC
SquawkNews
Trump Media & Technology Group’s revenue rose 205% year over year as Truth API, Truth+ and advertising lifted Media results, while Truth.Fi added ETF management fees. Net income available to common shareholders swung to a profit, helped by a $378.1M gain on digital assets and digital assets pledged…
Trump Media & Technology Group NASDAQ:DJT on Monday reported third-quarter revenue that more than tripled from a year earlier, fueled by growth in its Truth API data-licensing business.Revenue soared 205% to $3.0 million in the quarter ended September 30.