Twitter Challenges Persist As December Revenues, Adjusted Earnings Dropped 40%
March 04, 2023 at 09:55 AM EST
The Wall Street Journal reported Friday night that Twitter Inc. sustained a year-over-year decrease of approximately 40% in both revenue and adjusted earnings for December. The report comes after a Jan. 24 Reuters story, citing data by Standard Media Index (SMI), which showed a collapse in advertising spend on the social media platform by 71% in December. Since […] Source