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The Independent UK
The Independent UK
National
Josh Marcus

Trump media company lost more than $327m in first quarter

Copyright 2024 The Associated Press. All rights reserved.

Donald Trump’s flagship media company reported a loss of more than $300m in its first quarter as a publicly traded company.

“After an unprecedented, years-long process, we have consummated our merger and dispensed with the vast bulk of merger-related expenses, leaving the Company well-capitalized and supported by a legion of retail shareholders who believe in our mission to provide a free-speech beachhead against Big Tech censorship,” Trump Media and Technology Group (TMTG) Corp CEO Devin Nunes said in a statement.

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