Rumble Q4 Earnings Miss: Revenue Down 10.5%, Shares Fall 15%.

Rumble Inc.'s shares fell 15% after Q4 earnings revealed a 10.5% YoY decline in revenue to $27.1 million, missing estimates of $29 million. The company reported a loss per share of $0.13, missing estimates of $0.10, and adjusted EBITDA of negative $16 million. However, average global monthly active users rose 11% sequentially to 52 million, and average revenue per user increased 2% to $0.46. Rumble surpassed $100 million in annual revenue for the first time and announced several strategic initiatives, including a $100 million advertising commitment from Tether and the acquisition of AI infrastructure firm Northern Data AG.