GroBeta
All news

RUM

RUM Group Inc. (NASDAQ: RUM) Reports Q3 2026 Earnings and Record Revenue

By Danny GreenFrom Financial Modeling Prep

Key points

  • RUM Group Inc. reported Q3 2026 earnings per share of -$0.19, missing estimates, but revenue of $96.6 million exceeded expectations.
  • The company achieved a record quarterly revenue of $96.6 million, a 290% increase year-over-year, and its first profitable quarter on an adjusted EBITDA basis.
  • RUM Group Inc.'s Quake AI business plans to deploy NVIDIA Minerva, an AI operations platform, and was highlighted by NVIDIA in its announcement.

RUM Group Inc. (NASDAQ: RUM) operates an AI infrastructure business called Quake AI. It reports third-quarter 2026 earnings per share of -$0.19, below the -$0.11 estimate. Revenue of $96.6 million exceeds the $89 million estimate.

The $96.6 million in revenue is a quarterly record and a 290% increase from a year earlier. RUM also reports its first profitable quarter on an adjusted EBITDA basis. It has 22,000 GPUs operating at approximately 85% utilization, as highlighted by GlobeNewsWire.

Quake AI plans to deploy NVIDIA Minerva, an AI operations platform designed to help operators identify infrastructure issues earlier and maintain AI factory productivity. NVIDIA names Quake AI in its platform announcement, as highlighted by GlobeNewsWire.

RUM’s trailing price-to-earnings ratio is -8.63, and its earnings yield is -10.92%. Its trailing price-to-sales ratio is 18.87, enterprise value-to-sales ratio is 21.40, and enterprise value-to-operating-cash-flow ratio is -23.71. Its debt-to-equity ratio is 0.38, and its current ratio is 2.12.

More news

See all the news
  • RCL

    Royal Caribbean Group (NYSE: RCL) Price Target Raised by BofA Securities

    BofA Securities raised its price target for Royal Caribbean Group to $365. Royal Caribbean Group aims for adjusted earnings per share in the $20 range by 2027. The company reported strong booking volumes and expects 4.5% capacity growth next year. Royal Caribbean Group (NYSE: RCL) operates cruise…

    Tony Dante

  • VWDRY

    Vestas Wind Systems (OTC: VWDRY) Reports Q3 2026 Earnings Below Estimates

    Vestas Wind Systems (OTC: VWDRY) reported Q3 2026 earnings per share of $0.13 and revenue of $6.34 billion, both falling short of analyst estimates. The company's profitability was negatively affected by weak volume and a broken turbine blade. Following the earnings miss, shares declined, and…

    Rayan Ahmad

  • ICL

    ICL Group Ltd. (NYSE: ICL) Reports Q3 2026 Earnings Miss

    ICL Group Ltd. reported adjusted earnings per share of $0.10, falling short of the $0.11 consensus estimate. Quarterly revenue reached $1.91 billion, missing the $2.13 billion estimate. Operating income declined to $225 million from $230 million, with adjusted operating income also falling. ICL…

    Danny Green