Twitter Studies 40% Drop in Income and Adjusted Earnings to Traders: WSJ

Text sizing

Elon Musk’s Twitter told buyers its revenue and modified earnings fell somewhere around 40% year-more than-12 months in December, The Wall Road Journal documented on Friday.

The Journal, citing individuals acquainted with the issue, claimed that an update to traders spelled out the social media site’s steep declines in its second thirty day period underneath CEO Elon Musk’s possession. Twitter did not return Barron’s request for comment.