Thursday, 28 Nov 2024

Twitter blames revenue slide on Elon Musk takeover uncertainty

Twitter blames revenue slide on Elon Musk takeover uncertainty

Twitter blames revenue slide on Elon Musk takeover uncertainty
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The company also revealed that costs related to the bid, which Musk now wants to abandon, ran to $33m in the quarter.

Monetisable daily active users on Twitter, a metric closely watched by investors that measures users who see advertising on the platform, grew 16% to 237.8 million, but missed analyst expectations of 238.7 million.

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