_trump-media-amp-technology-group-posts-net-loss-in-first-quarter-as-the-truth-social-parent-company-pursues-mergers-stre.jpg "Trump Media & Technology Group Posts Net Loss in First Quarter as the Truth Social Parent Company Pursues Mergers, Streaming Opportunities from genovese family life center sco Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 25K times
✓ Published: 22-May-2024
👁 View: 25K times
✓ Published: 22-May-2024
Description:
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_sco-family-of-services-genovese-family-life-center-renovated.webp "TRANSFORMATION OF THE FOSTER CARE VISITING AREA, THE HEART OF THE CENTERnnNew York-based SCO Family of Services is one of the metro area’s largest human services providers, delivering vital services and supports to children, families, adults, and the community for over 125 years. On September 29, 2022, their newly renovated 30,000 sf Genovese Family Life Center reopened in Jamaica, Queens following an extensive renovation project designed by Spacesmith. nnnWith a mixed staff of administrators,")
_vito-genovese-amp-the-genovese-crime-family-documentary.webp "The People Profiles")
_nicola-procaccini-reformist-group-seeking-balance-of-power-shift-in-eu-parliament.webp "The right-wing European Conservatives and Reformists Group could change the EU's course over the next five years, if they make big gains in June's European elections. Co-president Nicola Procaccini outlines his vision for Europe in The Global Conversation, with Vincenzo Genovese.")
_accardo39s-link-with-the-genovese-family-was-tony-ricci-the-most-connected-mobster-ever.webp "OC SHORTZ - Organized Crime Shortz")
⏲ 15 minutes 38 seconds 👁 20.5K
_genovese-crime-family.webp "Belivelux")
_sco-family-of-services-genovese-family-life-center-renovated.jpg)
_vito-genovese-amp-the-genovese-crime-family-documentary.jpg)
_nicola-procaccini-reformist-group-seeking-balance-of-power-shift-in-eu-parliament.jpg)
_accardo39s-link-with-the-genovese-family-was-tony-ricci-the-most-connected-mobster-ever.jpg)
_genovese-crime-family.jpg)
![[+]](/images/menu.gif){kind=small}