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- Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover. Twitter no longer reports earnings publicly since Musk bought the company and took it private in late October.
arstechnica.com/tech-policy/2023/03/twitter-revenue-fell-40-in-december-amid-a… - People also ask
Twitter Revenue and Usage Statistics (2024) - Business of Apps
WEBFeb 22, 2024 · Twitter generated $3.4 billion revenue in 2022, an 11% decline year-on-year. 75% of Twitter’s revenue came from advertising in 2023. Twitter has 421 million monthly active users, adding 20 million in 2023.
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Twitter Announces Fourth Quarter and Fiscal Year 2021 Results
WEBFeb 10, 2022 · Q4 revenue totaled $1.57 billion, an increase of 22% year over year or 23% on a constant currency basis. Advertising revenue totaled $1.41 billion, up 22% year …
How Elon Musk Changed Twitter A Year And $44 Billion Later
WEBNov 8, 2023 · It has been more than a year since tech entrepreneur Elon Musk acquired Twitter for $44 billion. A lot has changed with the social media platform — and not just its …
Is X (formerly Twitter) worth anything these days?
WEBOct 27, 2023 · If Twitter was ever worth anything close to $44 billion before Musk, it’s certainly worth much less now after a year of chaotic and tumultuous management.
Elon Musk: Twitter is operating at break-even and could turn …
WEBApr 12, 2023 · In the almost six months since his $44 billion purchase of Twitter, Elon Musk has fired thousands of employees, earmarked a couch in the Twitter headquarters …
How X (Formerly Twitter) Makes Money - Investopedia
WEBMay 17, 2024 · X is a social media company providing a platform for users to interact in real time. On April 25, Twitter reported it would be acquired and taken private by Elon Musk in a $44-billion...
Twitter Shares Hit All-Time High on Aim to Double its …
WEBFeb 25, 2021 · Twitter shares hit an all-time high on Thursday after the social media giant said it forecasts total annual revenue to reach $7.5 billion or more by 2023 and the number of monetizable daily...
Twitter’s revenue rises 37 percent in the third quarter.
WEBOct. 26, 2021. Twitter said on Tuesday that its revenue for the third quarter rose 37 percent from a year ago to $1.28 billion, adding that it had largely sidestepped the effects from …
X CEO Says Platform Will Be Profitable By Early …
WEBSep 28, 2023 · X CEO Linda Yaccarino said Wednesday the social media platform formerly known as Twitter will be profitable by early 2024, claiming most top advertisers had returned after ditching the platform...
Twitter (TWTR) Financials - Income Statement - Stock Analysis
WEBDec 31, 2017 · Detailed annual and quarterly income statement for Twitter (TWTR). See many years of revenue, expenses and profits or losses.
Elon Musk says Twitter may reach positive cash flow …
WEBMar 7, 2023 · Elon Musk said that Twitter’s finances are improving to the point that the social media company could return to posting positive cash flow next quarter, as the chief executive attempts to cut ...
Elon Musk's X revenue has officially plummeted, new ... - Mashable
WEBJun 18, 2024 · However, these new documents make it official: According to X, the company's revenue has plummeted since Musk took over. In the first six months of …
Twitter revenue, earnings reportedly fell 40% shortly after Musk …
WEBMar 6, 2023 · Its Q4 2021 revenue was $1.57 billion and net income was $182 million. Despite the Q4 2021 profit, Twitter reported a net loss of $221 million for the full year of …
Twitter Now Worth Just One-Third of What Elon Musk Paid for It
WEBMay 31, 2023 · Musk’s investment in Twitter is now worth $8.8 billion, according to the Bloomberg Billionaires Index, which uses Fidelity’s valuation to calculate the value of his …
Elon Musk says Twitter's cash flow still negative as ad revenue …
WEBJul 17, 2023 · July 15 (Reuters) - Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, …
Twitter is now worth one-third what Elon Musk paid - Mashable
WEBMay 30, 2023 · According to Fidelity, Twitter is now worth around 33 percent what the billionaire originally paid for it. That puts Twitter's value at roughly $15 billion. The …
How chaos has helped Twitter break even - Business Insider
WEBApr 13, 2023 · The Twitter boss said on Tuesday the company is roughly breaking even after drastic cost cutting. But the same aggressive strategy won't work if he wants to turn …
Twitter Reports Revenue Growth as Elon Musk Prepares to Take …
WEBApr 28, 2022 · Twitter has not turned a profit for eight of the last 10 years. In 2020, the activist investment firm Elliott Management took a stake in Twitter and called for Jack …
Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its ...
WEBJan 2, 2024 · Based on the $44 billion that Musk paid for Twitter over a year ago, the drop in Fidelity's valuation would make the company worth about $12.5 billion. X reportedly …
How Elon Musk’s Twitter Faces Mountain of Debt, Falling …
WEBNov 21, 2022 · Elon Musk says his $44 billion Twitter takeover might result in a bankruptcy filing. But there could be other options. To make the deal work, Mr. Musk has been …
Twitter loses nearly half advertising revenue since Elon Musk …
WEBJul 16, 2023 · Twitter has lost almost half of its advertising revenue since it was bought by Elon Musk for $44bn (£33.6bn) last October, its owner has revealed.
Elon Musk Says Twitter’s Finances Are Improving After Big Cuts
WEBMar 7, 2023 · Twitter recorded $5.1 billion in revenue in 2021 — up 37 percent from the previous 12 months — in the last full year it reported financial results. Mr. Musk, …
Elon Musk says Twitter’s ad revenue is down 50% and cash flow …
WEBJul 15, 2023 · Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
Renovation of historic Paramount Theater in Kinston underway
WEB18 hours ago · The crumbling and deserted Paramount Theater that is in disarray is now in phase one of a restoration project. The theater was built in downtown Kinston off Queen …
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