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Twitter: revenues below expectations, withdraw target and outlook

2022-04-28T12:41:49.592Z


Twitter closes the first quarter with revenues up 16% to $ 1.20 billion, below analysts' expectations and announces the withdrawal of all previous targets and objectives. Net profit was 513 million. (HANDLE)


(ANSA) - NEW YORK, APRIL 28 - Twitter closes the first quarter with revenues up 16% to 1.20 billion dollars, according to analysts' expectations and announces the withdrawal of all previous targets and objectives.

Net profit was 513 million.


    Meanwhile, the social network is trying to reassure advertisers: the platform will remain a safe post for their brands after the acquisition by ElonMusk.

The rush to calm fears, reports the Financial Times, follows the warning of the groups that organized the Facebook advertising boycott, according to which with the 'fixation' of Musk for free speech, the risk is that of an increase in abuse. on Twitter.

The company that twitter has written to advertising agencies explaining that it is committed to ensuring that their commercials do not end up with or near offensive content.

(HANDLE).


Source: ansa

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