Twitter reports $1.14 billion net loss for 2020

Investment Watch Blog ^ | 02 10 2021 | Staff

[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

[pasr]

yippee

[RetiredTexasVet]

I guess those people holding Twitter stock should expect a little less in their dividend checks.

[joma89]

Cool!

[GnuThere]

Hey Twitter, wait til you’ve quit Trump a year.
These will look like the good ole days.

[SmokingJoe]

Let's see how their stock does over the next year as more countries continue to ban them for election interference like Burma already did.

India (population 1.3 billion, 5th biggest GDP in the world) and growing fast) has already threatened to jail Twitter employees for Twitter stoking up violent protests like they helped organize violent BLM riots in the US last year.

Alex Jones
Alex Jones
@RealAlexJones

8h
·
India Threatens To Jail Twitter Employees For 7 Years After Alleged Interference In Country's Politics

https://www.infowars.com/posts/india-threatens-to-jail-twitter-employees-for-7-years-after-alleged-interference-in-countrys-politics/

India Threatens To Jail Twitter Employees For 7 Years After Alleged Interference In Country's Politics
Jack Dorsey has openly come out in favor of the Soros-linked protests.

https://gab.com/RealAlexJones/posts/105707252253043188

[SmokingJoe]

As for Dorsey, didn't the Twitter board sack him once before for terrible performance despite him being a founder?

[GOP Poet]

bookmark

[sergeantdave]

People are learning that 70% of all tweet traffic on Twitter are leftist bots screaming at other leftist bots. Dorsey is a con-man ripping off advertisers with fake numbers.

[DAC21]

“Yet their stock is up 12% today..”

Yep up $15 a share or there about from just a month ago. The Pizza eaters are out in force. Child porn apparently is in vogue on Wall Street, and retail Millennials investors.

[PapaBear3625]

Twitter is allowed to operate at a loss, like newspapers.

It was always intended to primarily be an instrument to monitor and influence opinions.