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Twitter's revenue decreased slower than expected last quarter

Alex HeathAug 21, 2024, 23:50 IST

SCOTT EISEN/BLOOMBERGTwitter CEO Jack Dorsey.

Twitter reported its first ever year-over-year decline in revenue growth for its first quarter earnings on Wednesday, but still managed to beat analysts' expectations of $512 million in revenue with $548 million.

Here are the key numbers from Twitter's Q4 earnings:

Earnings per share (adjusted): $0.11 vs. $0.01 expected, down from $0.15 in the year-ago period.
Revenue: $548 million vs. $512 million expected, down from $595 million in the year-ago period.

This story is developing...

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