Friday, January 27, 2023
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Twitter Rakes in $5 billion in 2021 Revenues: Loses Money

in News
Twitter rakes in $5 billion in 2021 revenues: loses money
Share on FacebookShare on Twitter

Despite garnering $5.08 billion in revenues tech-giant Twitter reported a net loss of $221 million in its fiscal year 2021 results.

The loss is related to the $766 million settlement of a class action lawsuit filed by shareholders alleging the company had misled investors about the growth of its user base and the intensity of user interaction with the platform.

The number of monetizable daily active users stalled at 217 million, just short of 218.6 million expected by analysts. According to the company’s internal goals it must reach 315 million monetizable daily active users by the end of 2023.

Twitter’s mediocre performance had little affect on its stock price unlike a 20% drop in the share price of Facebook’s parent company, Meta, when it announced its first quarterly decline in total users last week.

Tags: Twitter 2021 resultsTwitter number of users

Related Posts

Ford recalls 462,000 vehicles for rear camera display failure
News

Ford recalls 462,000 vehicles for rear camera display failure

Us inflation and consumer spending fall for 2  straight months
News

US inflation and consumer spending fall for 2 straight months

Intel’s ‘historic collapse’ triggers selloff in chip stocks
News

Intel’s ‘historic collapse’ triggers selloff in chip stocks

Morgan stanley penalizes employees for whatsapp breaches
News

Morgan Stanley penalizes employees for WhatsApp breaches

Fewer americans file for jobless claims last week
News

Fewer Americans file for jobless claims last week

Boeing to be arraigned in court over two max jet crashes
News

Boeing to be arraigned in court over two Max jet crashes

Ad spending on twitter falls more than 70% in dec
News

Ad spending on Twitter falls more than 70% in Dec

Bank of canada raises rates, signals pause
News

Bank of Canada raises rates, signals pause

Microsoft cloud outage impacts users worldwide
News

Microsoft cloud outage impacts users worldwide

Walmart to raise its minimum wage for u. S. Hourly workers to $14
News

Walmart to raise its minimum wage for U.S. hourly workers to $14

No Result
View All Result

Recent Posts

  • Ford recalls 462,000 vehicles for rear camera display failure
  • US inflation and consumer spending fall for 2 straight months
  • Zoom fatigue finally revives travel for in-person company meetings
  • Fast food fans may face liver damage
  • Food delivery wars: Duke professor says there’s a better way

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – stuart.james@ceo-na.com

    Editor-In-Chief – caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising – media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

     

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    stuart.james@ceo-na.com

    Editor-In-Chief –

    caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising –
    media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In