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Twitter misses quarterly revenue estimates

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Published Thu, Apr 28, 2022 · 08:27 PM
    • Twitter has reported first-quarter revenue on Thursday (Apr 28) that fell short of Wall Street estimates as advertising revenues slowed.
    • Twitter has reported first-quarter revenue on Thursday (Apr 28) that fell short of Wall Street estimates as advertising revenues slowed. REUTERS

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    TWITTER Inc, which has agreed to a US$44 billion sale to Elon Musk, reported first-quarter revenue on Thursday (Apr 28) that fell short of Wall Street estimates as advertising revenues slowed.

    The company reported revenue of US$1.2 billion, below analysts’ average estimate of $1.23 billion, according to IBES data from Refinitiv. REUTERS

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