Twitter Announces First Quarter 2020 Results
Twitter, Inc. (TWTR)
Last twitter, inc. earnings: 4/30 07:00 am
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Source: PR Newswire
SAN FRANCISCO, April 30, 2020 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced financial results for its first quarter 2020."In this difficult time, Twitter's purpose is proving more vital than ever. We are helping the world stay informed, and providing a unique way for people to come together to help or simply entertain and remind one another of our connections. We've delivered our strongest ever year over year mDAU growth," said Jack Dorsey, Twitter's CEO. "Public conversation can help the world learn faster, solve common problems, and realize we're all in this together. Our task now is to make sure we retain that connection over the long term with the many people new to Twitter.""Revenue was $808 million in Q1, up 3% year over year, reflecting a strong start to the quarter that was impacted by widespread economic disruption related to COVID-19 in March," said Ned Segal, Twitter's CFO. "We are shifting resources and priorities to increase focus on our revenue products and
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