Business
Twitter reports 40% drop in revenue and adjusted earnings for investors: WSJ
Elon Musk’s Twitter informed investors that their revenue and adjusted earnings were down about 40% year over year in December, The Wall Street Journal reported on Friday.
The magazine, citing people familiar with the matter, reported that an update for investors pointed to a dramatic drop in the social networking site in its second month under its ownership. CEO Elon Musk. Twitter is not back Barron’s Request comments.