Twitter Tanks Again with Second Quarter Estimated Loss of Up to $170 Million

In the second quarter of 2021, Twitter expects to record revenue of $980 million – $1.08 billion and GAAP operating loss of $170 million – $120 million. Twitter does not expect to grow its revenue in the second quarter, and it looks that the market was not ready for this lack of growth after strong earnings reports from other tech companies.

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Author: H. A. Goodman