Twitter Inc. (TWTR) Earnings: 2Q22 Key Numbers


Twitter, Inc. (NYSE: TWTR) reported second quarter 2022 earnings results today.

Total revenue dipped 1% year-over-year to $1.18 billion due to advertising headwinds and the uncertainty related to the acquisition of the company by an affiliate of Elon Musk.

The company reported a net loss of $270 million, or $0.35 per share, compared to a net income of $66 million, or $0.08 per share, last year. Adjusted loss per share was $0.08.

Both the top and bottom line numbers missed expectations.

Due to the pending acquisition issue with Mr. Musk, Twitter is not providing any guidance.

Prior performance

Twitter Q1 2022 Earnings Infographic



Image and article originally from news.alphastreet.com. Read the original article here.