Twitter shares plunge on weak revenue numbers

Twitter shares plunge on weak revenue numbers

Twitter posted worse-than-expected third quarter revenue and profit on Thursday. Revenue rose 9% from a year earlier to $824 million. Total advertising revenue was $702 million, an increase of 8% year-over-year. Third-quarter net income was $37 million. In the same period last year, the firm reported net income of $789 million, or $106 million when adjusted to exclude certain items.

Timothy
Timothy
Steve
Steve 5 months

Best news I have seen this week Hope it goes under

Petri Fide
Petri Fide 5 months

Twitter is cancerous

Jose
Jose 5 months

The most toxic environment on the internet. Shut it down and start over!

RJ of Cthulhu
RJ of Cthulhu 5 months

They need to collapse. Goodbye big tech

Nika D
Nika D 5 months

Get woke go broke. If only Facebook, google and Apple would follow. But alas, they own the world.

Edward Williams
Edward Williams 5 months

Yay!!

Jane
Jane 5 months

Surely nothing do with mass silence in Shadow bans, fact Pysop “enthusiast” on SR staff alone (was on dudes LinkedIn page), overt platform bias with non uniform application of Twitters own TOS to “blue check mark” peeps... Blue check marked “verified”; whom allowed much violations TOS to go un-checked double standards likely is follower count biased and same can threaten DOXing and keep their accounts. Kathy G is example as not lost account but likely damn mind over a damn hat and one side story outrage culture if recall even FFS.

Kevin McAlpin
Kevin McAlpin 5 months

best to buy some shares now cause that shits still an AdSense heaven at the end of the day.

Lord Baktor
Lord Baktor 5 months

I love how weak profit, while still being profit, is bad news for our corporate overlords.

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