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Twitter reports $1.14 billion net loss for 2020
Investment Watch Blog ^
| 02 10 2021
| Staff
Posted on 02/10/2021 11:48:46 AM PST by yesthatjallen
Twitter announced on Wednesday its financial results for the fiscal year 2020, saying it recorded a net loss of $1.136 billion against net income a year earlier.
“2020 net loss was $1.14 billion, representing a net margin of -31 percent and diluted EPS [earnings per share – Ed.] of -$1.44. This compares to 2019 net income of $1.47 billion, representing a net margin of 42 percent and diluted EPS of $1.87.”
SNIP
(Excerpt) Read more at investmentwatchblog.com ...
TOPICS:
KEYWORDS: blog; bloggers; twitter
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To: yesthatjallen
2
posted on
02/10/2021 11:50:45 AM PST
by
cuban leaf
(We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
To: yesthatjallen
Yet their stock is up 12% today..
3
posted on
02/10/2021 11:51:08 AM PST
by
Mr. Mojo
To: yesthatjallen
4
posted on
02/10/2021 11:52:39 AM PST
by
Drango
(1776 = 2020)
To: yesthatjallen
Maybe they regret banning me now?
5
posted on
02/10/2021 11:52:44 AM PST
by
rfreedom4u
("You may all go to hell and I will go to Texas")
To: Mr. Mojo
MAUs increased basically they are counting the Chinese bot and DNC troll accounts that have been added since November as a win. A good idea is check out Biden’s new followers and see who they are following or how many followers they have...most follow the dnc or China accounts
6
posted on
02/10/2021 11:53:55 AM PST
by
Lod881019
To: yesthatjallen
7
posted on
02/10/2021 11:54:30 AM PST
by
Fido969
(,i.)
To: yesthatjallen
I had to get a sponsor to break my addiction to Twitter.
8
posted on
02/10/2021 11:54:54 AM PST
by
HotKat
(Politicians are like diapers; they need to be changed often and for the same reason. Mark Twain)
To: yesthatjallen
9
posted on
02/10/2021 11:55:24 AM PST
by
Red Badger
(SLEAZIN' is the REASON for the TREASON .................................)
To: cuban leaf
Twitter: Myspace II
Wouldn’t piss me off.
10
posted on
02/10/2021 11:56:24 AM PST
by
nesnah
(Liberals - the petulant children of politics)
To: yesthatjallen
a good start. keep it up.
11
posted on
02/10/2021 11:56:25 AM PST
by
joshua c
(Dump them all. Twitter, Facebook, Google, Amazon, cable tv, natl name brands)
To: yesthatjallen
Campaign contribution.
ML/NJ
12
posted on
02/10/2021 12:00:06 PM PST
by
ml/nj
(DITCH MITCH !)
To: yesthatjallen
Not surprising they are losing money. They built a whole infrastructure for people to send free, public micro-emails. Where is the money even supposed to come from? Ads on the micro-emails?
13
posted on
02/10/2021 12:01:54 PM PST
by
lerker
To: yesthatjallen
Before mass cancelations too...
14
posted on
02/10/2021 12:07:27 PM PST
by
2banana
(Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
To: yesthatjallen
I deleted my Twitter account. Not so much an inconvenience to me since I don’t use it much but I figure it helped make Twitter worse off without me being there.
To: yesthatjallen
16
posted on
02/10/2021 12:08:49 PM PST
by
falcon99
(qu)
To: lerker
They are the worst designed site for making money that I’ve seen. If they go for subs or pay at all, they’ll fail as fast as Quibi did. They’re doomed long term anyway for the reasons you said.
To: Shadylake
Hope they are bankrupt by 2022.
To: lerker
They built a whole infrastructure for people to send free, public micro-emails. Where is the money even supposed to come from? Ads on the micro-emails?Doesn't make sense, seems like it would have significant competition.
19
posted on
02/10/2021 12:23:36 PM PST
by
1Old Pro
To: lerker
Twitter never makes money that’s the odd thing about it
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