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Wednesday, January 7, 2026
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HomeTechTruth Social owner sees wider loss in the first quarter

Truth Social owner sees wider loss in the first quarter

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(Reuters) – Trump Media and Technology Group, the operator of the social media app Truth Social, saw a wider loss in the first quarter due to certain non-cash expenses it incurred prior to closing its merger with a blank-check company.

Net loss for the three months ended March 31 was $327.6 million, the company said on Monday, compared to $210,300 the year before.

(Reporting by Niket Nishant in Bengaluru; Editing by Alan Barona)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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