Twitter Beats Sales Estimates, Warns of Slowing User Growth
Twitter Jumps Most in a Year After Sales Top Estimates Bloomberg 2/10/2021 Kurt Wagner (Bloomberg) -- Twitter Inc. jumped the most in a year after it reported fourth-quarter revenue that topped analysts’ estimates, capitalizing on a robust holiday season for digital advertising. Popular Searches Revenue rose 28% to $1.29 billion, compared with the $1.19 billion average analyst prediction, according to data compiled by Bloomberg. Twitter on Tuesday cited “strong brand advertiser demand in the U.S.” as a driver of ad sales in the fourth quarter, according to the company...
Source: msn.com