Trump Media Narrows Loss, Looks to Continue Expanding
President Trump's media company narrowed its loss in the first quarter and said its cash on hand should provide it with the necessary runway to tackle its expansion plans.
Trump Media and Technology logged a loss of $31.7 million, or 14 cents a share, in the March quarter, compared with a loss of $327.6 million, or $3.61 a share, a year earlier. Last year's quarter included a $225.9 million charge tied to interest expenses.
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