Trump Media surges 8% as Q3 net income hits $409.7 million

Trump Media & Technology Group (DJT.US) surged more than 8% during regular trading to $4.39.

The company reported third-quarter revenue of $3 million, up about 205% from a year earlier, and net income of $409.7 million, compared with a net loss of $54.8 million in the same period last year, primarily driven by non-cash gains on digital assets and equity securities. Adjusted EBITDA loss narrowed to $12.3 million. As of Sept. 30, the company held approximately 15,649 Bitcoin, with total assets reaching $2.5 billion.

Separately, the proposed merger with TAE Technologies is expected to close in the fourth quarter of 2026, with a special shareholder meeting scheduled for Dec. 14. The company has also signed agreements with Bloomberg, Susquehanna International Group and Jump Trading to provide low-latency data services from its Truth Social platform to institutional clients.

Based on public media reports. AI-generated; not investment advice.