... [+]Twitter shares rose this morning after the social media companyThe company had a 3% rise in sales to $807.6 million, beating out predictions of $783.5 million. Excluding a one-time item, Twitter posted $66 million in earnings, in-line with expectations.
“In this difficult time, Twitter’s purpose is proving more vital than ever. We are helping the world stay informed, and providing a unique way for people to come together to help or simply entertain and remind one another of our connections,” Twitter CEO Jack Dorsey said in a statement. “Public conversation can help the world learn faster, solve common problems, and realize we’re all in this together.
Average monetizable daily active users—Twitter’s own data point for measuring user growth—reached 166 million in the quarter, up nearly 30% from a year ago.Like publicly traded rivals Facebook and Snap, Twitter must contend with the economic crisis draining away ad dollars, the majority of its revenue. Twitter is also coming off a spring in which it needed to reach an armistice with
, granting the hedge fund board seats and agreeing to a $2 billion share buyback. It’s unclear how much more change the new Elliot-nominated directors will push for at the company.
abebrown716 that's very sad & I think jack dorsey is organizing the killings because he's probably fuckin either obama's wife or daughter. That UHAUL was way too suspicious. Maybe that's why he donated 1b because he planned on killing people to keep the paranoia up & they're protecting him?
abebrown716 Clowns the stock is down $1.06!!!!
abebrown716 Sir treat please ♥️ jack 🤪.
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