Twitter's revenue, adjusted earnings drop about 40% in December

Twitter's Revenue Nosedived 40% In December As Advertisers Left: Report

Several advertisers "ditched the social-media platform following Elon Musk's takeover", the Wall Street Journal reported, citing people familiar with the matter.

Twitter’s revenue, adjusted earnings drop about 40% in December

The report comes after several advertisers slashed their spending on the social-media platform after Elon Musk took charge of the company on October 27, resulting in a 71% drop in advertising spend on Twitter during December.

Twitter Challenges Persist As December Revenues, Adjusted Earnings Dropped 40%

Twitter Challenges Persist As December Revenues, Adjusted Earnings Dropped 40% 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 Elon …

Twitter's revenue and earnings said to have plunged 40% in December

Amazon threatens to withhold advertising spending after Twitter 'delayed cloud services payments for months'

Twitter's revenue, adjusted earnings tumble by 40% amid ad squeeze: Report

Elon Musk-owned Twitter reported a drop of 40 per cent in revenue and adjusted earnings in the month of December, year-on-year, as per a report by the Wall Street Journal.  The report may not be to Musk's liking who made Twitter's first interest payment to banks that helped finance his purchase of the social media company for $44 billion last year. 

Twitter’s revenue, adjusted earnings drop about 40 pct in December: Reports

Twitter Inc reported a drop of about 40 percent year-over-year in both revenue and adjusted earnings for the month of December, the Wall Street Journal