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Twitter Issues Profit Warning

Written by Wilson

Twitter Inc. warned its financial performance would fall short this quarter as the coronavirus pandemic depresses advertising spending, an indicator social-media platforms may not be able to quickly translate increased user engagement during the global health crisis into financial gain.

Twitter on Monday said it would post an operating loss in the first quarter and that sales would decline “slightly” compared with the year-ago quarter, when it posted about $787 million in revenue.

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Credit: WSJ.com

About the author

Wilson

I work as the Content Writer in miniamazon. I play Quake like professionally. I love to write about Shopping Trends, Sports and have been writing about them for two years.