Rumble Inc. (RUM) experienced a 5.75% plunge in post-market trading on Thursday, as investors reacted negatively to the company's latest financial results.

The video-sharing platform reported a first-quarter loss per share of $0.12, which missed the analyst consensus estimate of a $0.09 loss. Revenue of $25.46 million also fell short of expectations, despite marking a 7% year-over-year increase. The company's net loss widened significantly to $30.27 million from $2.65 million a year earlier, driven by higher expenses and changes in fair value of warrant liability.

While Rumble noted growth in monthly active users and progress on its planned acquisition of AI infrastructure company Northern Data, the wider-than-expected losses and revenue miss were the primary drivers behind the stock's decline.