Progressive shares fall as Q3 earnings, revenue miss expectations
Rumble Inc. (NASDAQ:RUM) announced Monday that Nancy Armstrong has resigned from its Board of Directors. According to a statement in a press release, Armstrong’s departure is not the result of any disagreement with the company regarding its operations, policies, or practices.
Following Armstrong’s resignation, the size of the Rumble board has been reduced to six directors. The company did not announce a replacement or any changes to board committees in the filing.
Rumble’s Class A common stock and redeemable warrants continue to trade on the Nasdaq Global Market under the symbols RUM and RUMBW, respectively.
The information is based on a statement provided in a recent SEC filing.
In other recent news, Rumble Inc reported its Q2 2025 earnings, revealing a revenue of $25.08 million, which slightly exceeded the forecast of $25.05 million. The company, however, faced a larger-than-expected loss per share of $0.12, missing the anticipated $0.09 loss. Despite the earnings miss, the stock experienced a significant surge, indicating investor optimism. These developments come as analysts continue to assess the company’s strategic direction and potential future growth. While the earnings results were mixed, the revenue figures suggest stability in the company’s financial performance. Investors are keeping a close watch on Rumble Inc as it navigates its strategic initiatives. This earnings report is part of a series of recent developments for the company.
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