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After trading was halted due to Election Day volatility linked to its stock, Trump Media & Technology Group (DJT, DJTWW) reported its third quarter results after Tuesday's market close.
DJT posted third quarter results that revealed a net loss of $19.25 million for the quarter ending September 30. This was narrower than the $26.03 million the company reported in the year-ago period. DJT also reported revenue of $1.01 million, a slight year-over-year drop compared to the $1.07 million it reported in the third quarter of 2023. Over the past nine months ending September 30, revenue has fallen 23% compared to the prior-year period.
Yahoo Finance senior media reporter Alexandra Canal parses through the latest figures from Trump Media as voters go out to vote in the 2024 presidential election.
Read up on Alexandra Canal's extensive coverage on DJT's stock performance and latest earnings print.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Luke Carberry Mogan.