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For the fiscal year 2021, the last fiscal before Twitter was taken private, the company reported a loss of 221 million, with an annual revenue of $5.1 billion. Since its IPO, Twitter made profit in only two of the eight years.
Twitter's (TWTR) second-quarter 2022 results reflect slow advertising demand due to macroeconomic headwinds and uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk.
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
The name Twitter (spelled twttr at the time and using a green site logo [5]) is chosen for the service. The idea for the name is attributed to Noah Glass. [6] [7] 2006: March 21: Creation: Twitter is officially set up and Jack Dorsey sends the first tweet. [8] 2006: July 15: Media coverage
Much has been speculated about Elon Musk's potential plans for Twitter. Following his $44 billion bid for the social media platform, after securing more than $7 billion in equity from some of his...
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Vine, a video-sharing and social media service, launches shortly after being acquired by Twitter for $30 million. [64] [65] 2013 Launch Twitter files for its IPO, and begins trading on the New York Stock Exchange. The share closed at $44.90, giving the company a valuation of around $31 billion. [66] 2013 Launch Instagram launches video sharing ...
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