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.

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