Rumble (RUMBW) Projected to Release Quarterly Earnings on Monday

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

Rumble Price Performance

Shares of RUMBW traded down $0.00 during mid-day trading on Wednesday, hitting $1.68. 9,580 shares of the company’s stock traded hands, compared to its average volume of 17,799. The business’s 50-day moving average price is $1.94 and its 200-day moving average price is $1.61. Rumble has a 1 year low of $0.76 and a 1 year high of $3.36.

About Rumble

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.