Twitter earnings show usage is up amid the ongoing Elon Musk takeover deal

Twitter earnings show usage is up amid the ongoing Elon Musk takeover deal

Twitter earnings show usage is up amid the ongoing Elon Musk takeover deal



What you need to know

  • Twitter released its Q1 2022 financial earnings on Thursday.
  • The company reported $1.2 billion in revenue, slightly below analyst expectations.
  • Twitter had a total of 229 million monetizable daily active users, above expectations.

All eyes are on Twitter Thursday morning as the company releases its first-quarter earnings report. The company reported a revenue of $1.2 billion in what could be one of its last earnings reports ahead of Elon Musk’s acquisition closing later this year.

Despite the company reporting earnings just below the expected $1.23 billion (via CNBC), Twitter managed to rise above monetizable daily active usage (mDAU) predictions, increasing nearly 16% year-over-year to 229 million.



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