Get the latest tech news
Trump Media plunges more than 25% after company reports net loss of $58 million in 2023
Trump Media, whose majority shareholder is former President Donald Trump, "expects to incur operating losses for the foreseeable future," the filing says.
This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. "TMTG expects to incur operating losses for the foreseeable future," says the filing, which came a week after the company began trading under the ticker DJT on the Nasdaq. The newly publicly traded social media company of former President Donald Trump had total revenue of just $4.1 million last year, according to a filing with the Securities and Exchange Commission.
Or read this on r/technology
