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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 ...


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KEYWORDS: blog; bloggers; twitter
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1 posted on 02/10/2021 11:48:46 AM PST by yesthatjallen
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To: yesthatjallen

Twitter: Myspace II


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.)
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To: yesthatjallen

Yet their stock is up 12% today..


3 posted on 02/10/2021 11:51:08 AM PST by Mr. Mojo
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To: yesthatjallen

I don’t tweet.


4 posted on 02/10/2021 11:52:39 AM PST by Drango (1776 = 2020)
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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")
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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
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To: yesthatjallen

Good.


7 posted on 02/10/2021 11:54:30 AM PST by Fido969 (,i.)
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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)
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To: yesthatjallen

9 posted on 02/10/2021 11:55:24 AM PST by Red Badger (SLEAZIN' is the REASON for the TREASON .................................)
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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)
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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)
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To: yesthatjallen

Campaign contribution.

ML/NJ


12 posted on 02/10/2021 12:00:06 PM PST by ml/nj (DITCH MITCH !)
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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
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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)
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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.


15 posted on 02/10/2021 12:08:01 PM PST by gunsequalfreedom
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To: yesthatjallen

Not enough


16 posted on 02/10/2021 12:08:49 PM PST by falcon99 (qu)
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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.


17 posted on 02/10/2021 12:11:12 PM PST by Shadylake
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To: Shadylake

Hope they are bankrupt by 2022.


18 posted on 02/10/2021 12:21:51 PM PST by RBW in PA
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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
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To: lerker

Twitter never makes money that’s the odd thing about it


20 posted on 02/10/2021 12:30:58 PM PST by Lod881019
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