San Francisco: Days after agreeing to be sold to Elon Musk, Twitter on Thursday posted quarterly earnings of $513 million.
The social media company informed that revenue rose 16% to $1.2 billion in the January-March period compared to the same period last year, reported AP.
The other encouraging news for the company is that Twitter reported an average 229 million daily active users during the quarter, up 16% from last year.
Musk will be buying Twitter for $44 billion.
The deal is expected to be firmed up later this year.
Breaking from convention, Twitter cancelled the conference call with executives and industry analysts on the day quarterly results are announced.
Bhubaneswar: The Indian Navy will showcase its maritime strength with an operational demonstration at Blue…
New Delhi K Sanjay Murthy, a 1989-batch Himachal Pradesh cadre IAS officer, will be India's…
New Delhi: In a move that marks a major change in policy for Washington, US…
New Delhi: The Supreme Court bench hearing petitions linked to Delhi's toxic air quality was…
Bhubaneswar: The state government has extended the last date for submission of inputs for preparation…
Bhubaneswar: The Forest Department has suspended three field officials in connection with the electrocution death…
Mumbai: The first poster of the Tiger Shroff-starrer ‘Baaghi 4’ is out. The poster shows…
Bhubaneswar: What came first -- chicken or egg? Scientists have finally found some evidence to…