Video sharing platform Rumble Inc (NASDAQ:RUM) reported fourth-quarter financial results after the market close Wednesday.
Here are the key highlights.
Rumble’s Q4 Report: Rumble reported fourth-quarter revenue of $20.39 million, up 2% year-over-year. The total missed a Street consensus estimate of $28.1 million, according to data from Benzinga Pro.
The company reported a loss of 14 cents per share in the fourth quarter, which beat a Street consensus estimate of a loss of 22 cents per share.
The company had 67 million average monthly active users in the fourth quarter, up 16% quarter-over-quarter. Of the 67 million total, 48 million are from the United States and Canada.
In the fourth quarter, the average minutes watched per month were 10.5 billion, down from 10.7 billion minutes in the third quarter.
The hours of uploaded video per day were up 21% year-over-year to 12,520 in the fourth quarter and down from 15,700 in the third quarter. The company said …