RUM Group Q2 Revenue $40.4M…Up 61% Year-Over-Year

RUM RUM Group Inc

$7.00 -6.91%

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1. 1RUM Group (RUM) posted Q2 revenue of $40.4 million, up 61% year-over-year and beating market expectations of $30.66 million.
2. 2Northern Data, acquired on June 17, contributed $10.1 million, while Rumble video revenue rose 21% to $30.3 million.
3. 3The CEO identified Quake AI as the primary growth engine and said monetizing the unmonetized 250-megawatt capacity represents an opportunity worth over $3 billion annually.

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