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Rumble Q3 Loss Narrows, Revenue Decreases; Agrees to All-Stock Acquisition of Northern Data
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Rumble Q3 Loss Narrows, Revenue Decreases; Agrees to All-Stock Acquisition of Northern Data
Nov 10, 2025 12:58 AM

03:43 AM EST, 11/10/2025 (MT Newswires) -- Rumble (RUM) reported a Q3 loss Monday of $0.06 per diluted share, narrowing from a loss of $0.15 a year earlier.

Three analysts polled by FactSet expected a loss of $0.06.

Revenue for the quarter ended Sept. 30 was $24.8 million, down from $25.1 million a year earlier.

Three analysts surveyed by FactSet expected $26.8 million.

Separately, the company also said it has agreed to an all-stock business deal to acquire Northern Data.

Under the terms of the business combination agreement, Rumble will submit a voluntary public exchange offer to exchange 2.0281 newly issued shares for each Northern Data share.

The offer also includes a potential cash payment of up to $200 million to shareholders once there has been a successful sale and/or the achievement of specific milestones, the company said.

The transaction, already approved by both companies' boards, would result in a 30.4% ownership in Rumble for Northern Data shareholders and is expected to close in Q2 2026, the company said.

Investors representing about 72% of Northern Data shares have already committed to the deal, the company said.

Once completed, the transaction will allow Rumble to expand its cloud and data center businesses as well as its European international footprint, the company said.

Shares of the online media platform were up 11.7% in recent after-hours activity.

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