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Trump Media & Technology Group Shares Drop After Losing More Than $58 Million in 2023
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Trump Media & Technology Group Shares Drop After Losing More Than $58 Million in 2023
Apr 1, 2024 8:33 AM

11:05 AM EDT, 04/01/2024 (MT Newswires) -- Trump Media & Technology Group ( DJT ) shares dropped more than 14% in recent Monday trading after reporting a full-year 2023 loss of $58.2 million, compared with earnings of $50.5 million a year earlier.

On a per-share basis, the company reported a loss of $0.58, compared with earnings of $0.51 in 2022.

Revenue for the year ended Dec. 31 was $4.1 million, up from $1.5 million a year earlier.

Analysts' estimates weren't available.

Price: 53.60, Change: -8.36, Percent Change: -13.49

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