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Trump Media (DJT) Q1 2024 earnings

Trump Media (DJT) Q1 2024 earnings

This illustration shows an image of former President Donald Trump reflected in a phone screen displaying the Truth Social app, in Washington, D.C., on February 21, 2022.

Stephanie Reynolds | AFP | Getty Images

Trump Media and Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue of $770,500, according to its data. Profits A report filed Monday with the Securities and Exchange Commission.

The report is one of the first measures of the company’s true financial health since it debuted as a public company on the Nasdaq stock exchange in March, after completing a merger with a shell company, Digital World Acquisition Corp.