Twitter Revenues Fell 40% Compared To Dec. 2021

Brush Stroke By: Yusuf Balogun

A report from Wall Street Journal shows that the revenue of Twitter fell about 40% in December versus the same month in 2021.

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“The report says the slide came after many advertisers slashed spending following Elon Musk's takeover last October. ”

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Brush Stroke According to the journal, half of Twitter's top 100 advertisers pulled out in the first month after Musk's takeover resulting in the revenues falling.

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As per the media reports both the total revenue and adjusted profits compared with December 2021 declined.

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Twitter Revenues Fell 40% Compared To Dec. 2021

A report from Wall Street Journal shows that the revenue of Twitter fell about 40% in December versus the same month in 2021.

“The report says the slide came after many advertisers slashed spending following Elon Musk's takeover last October. ”

As per the media reports both the total revenue and adjusted profits compared with December 2021 declined.

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