Twitter posts mixed results as new CEO takes the reins
Twitter’s revenue for all of 2021 was $5.08 billion. Twitter’s performance contrasted withFacebookparent Meta. For the first time in its history, Facebook’s daily active users fell. Excluding certain expenses, Twitter earned 33 cents per share, below the 35 cents per share expected. For the first quarter of 2022, Twitter expects revenue of $1.17 billion to $1.27 billion. Analysts on average are expecting $1.26 billion, according to those surveyed by Thomson Reuters....