Twitter Posts $270M Quarterly Loss As Revenue Slips
Newsy
The social media company lost $270 million in the April-June period after revenue declined 1% to $1.18 billion.
Twitter reported a quarterly loss Friday as revenue slipped even as its number of users climbed.
The social media company's latest quarterly earnings figures offered a glimpse into how the social media business has performed during a months-long negotiation with billionaire and Tesla CEO Elon Musk over whether he will take over the company.
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