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Despite ban in Nigeria, India, Twitter records $1.19b revenue in Q2


Despite its ban in Nigeria and India, Twitter’s second quarter report, showed improved performance.
In its released earnings report for Q2, Twitter declared total revenue of $1.19 billion.
Compared to the $683 million that was posted in Q2 2020, Twitter’s revenue grew by 74 per cent, showing a remarkable bounce back from the harsh economic effects of the COVID-19.
The revenue growth surpassed what analysts had projected for the company. According to Refinitiv, analysts expected Twitter to post revenue of $1.07 billion but it over-delivered with $1.19 billion. After a loss of $1.38 billion in Q2 of 2020, the company recorded a profit of $65.6 million.
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