Twitter Misses Earnings Expectations, Blames Elon Musk

that Twitter reported earnings for the second quarter on Friday that missed analyst expectations on earnings, revenue, and user growth. Twitter’s share price remained flat in Friday morning trading. CNBC posted the key numbers from the report:A loss of 8 cents, adjusted, vs expected earnings of 14 cents, according to a Refinitiv survey of analysts237.8 million vs 238.

Twitter stated that revenue slid by one percent year-over-year to $1.18 billion while Wall Street expected $1.32 billion, representing 10.5 percent growth year-over-year. Refinitiv noted that the latest earnings report marks Twitter’s biggest revenue miss so far, with results coming in 11 percent below estimates.

I think it’s time to say bye to twitter. With that being said. I think lgbtq teachers are grooming our children men aren’t women and women aren’t men. There are 2 genders. And abortions is murder. Puberty blockers are satan at work. What else?

Boo hoo.

They could sell twitter for a lower price🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Thanks Obama

Or, it could be the bots. Advertisers just don't believe Twitter's numbers any more.

What about Ukraine?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter Cites Elon Musk “Uncertainty,” Ad “Headwinds” as Quarterly Earnings Fall ShortThe social media giant grows daily users to 237.8 million. This could have been the problem all along. 🥃
Source: THR - 🏆 411. / 53 Read more »

Twitter says Elon Musk 'uncertainty' impacted results as earnings miss expectationsAfter Snap Inc. issued a grim warning on the state of the advertising landscape, Twitter Inc. fell short with its own results for the latest quarter. In 9 years the stock has done nothing. $45 to $39. No wonder there are and were calls for a shake up.
Source: MarketWatch - 🏆 3. / 97 Read more »

Twitter says 'uncertainty' with Elon Musk is hurting its businessTwitter reports quarterly revenue of $1.18 billion, a decline of 1% from the prior year which it attributes in part to 'uncertainty' related to battle with Elon Musk As much as 50% of Twitter accounts could be bots. Wouldn’t walking away from Musk instead of the lawsuits end the uncertainty, & restore advertising sales then? 🤔 The company's shares , which have dropped almost 7.4 percent since the start of the year , were trading at $38.2 each at 4.10pm UAE time .
Source: cnni - 🏆 326. / 59 Read more »