Elon Musk shrugs Twitter reported earnings for the second quarter on Friday missing analyst estimates on revenue, earnings, and user growth. The company blamed ad industry headwinds and “uncertainty” linked to Elon Musk and his revoked buyout offer.
CNBC reports that Twitter reported earnings for the second quarter on Friday that missed analyst expectations on earnings, revenue, and user growth. Twitter’s share price remained flat in Friday morning trading. CNBC posted the key numbers from the report: Earnings per share: A loss of 8 cents, adjusted, vs expected earnings of 14 cents, according to a Refinitiv survey of analysts
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