has twitter ever been profitable - Search
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  2. In 2020, Twitter’s annual revenue came to 3.72 billion U.S. dollars. However, the company has only been able to report a positive net income in 2018 and 2019, revealing a struggle to monetize users.
    www.statista.com/statistics/274568/quarterly-reven…
    In fact, Twitter only became profitable for the first time in 2018 when it reported its first-ever net income of $1.2 billion for that year. This was followed by a second consecutive year of profitability in 2019, with total revenue of $3.4 billion and a net income of $1.4 billion, which was higher than expected by many analysts.
    businessmodelanalyst.com/is-twitter-profitable/
    Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year, except 2018 and 2019 when it made a profit of just over $1 billion.
    techxplore.com/news/2022-04-twitter-profitable-elo…
     
  3. People also ask
    Is Twitter profitable?In fact, Twitter only became profitable for the first time in 2018 when it reported its first-ever net income of $1.2 billion for that year. This was followed by a second consecutive year of profitability in 2019, with total revenue of $3.4 billion and a net income of $1.4 billion, which was higher than expected by many analysts.
    Is Twitter profitable in 2022?As of 2022, Twitter is not profitable. In fact, in 2021, on $5 billion in revenues, Twitter generated over $220 million in net losses. In Q2 2022, on $1.17 billion in revenues, Twitter posted a net loss of $270 million. However, in the first six months of 2022, on almost $2.4 billion in revenues, Twitter generated over $240 million in net income.
    Did Twitter turn its first annual profit in 2018?How this might impact you Twitter turned its first annual profit in 2018, but the company has a problem it doesn’t want to talk about. The company said Thursday it had 321 million monthly active users in the final three months of last year, down five million from the prior quarter and nine million from the same period a year ago.
    How much money did Twitter make in the first three months?Twitter reported that its revenue was $1.2 billion for the first three months of the year, up 16 percent from a year earlier but lower than a 20 percent growth rate the company had predicted for the year. Profit was $513 million, or about 61 cents per share. Wall Street analysts had expected about $1.2 billion in revenue.
     
  4. Twitter Revenue and Usage Statistics (2024) - Business of Apps

     
  5. Twitter has its first profitable year | CNN Business

    WEBFeb 7, 2019 · New York CNN Business —. Twitter turned its first annual profit in 2018, but the company has a problem it doesn’t want to talk …

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      WEBApr 28, 2022 · Twitter has not turned a profit for eight of the last 10 years. In 2020, the activist investment firm Elliott Management took a stake in Twitter and called for Jack Dorsey, one of its...

    • Is Twitter Profitable? - Business Model Analyst

      WEBFeb 21, 2023 · No, Twitter is currently not profitable. The company last reported a profit in 2019, when it generated about $1.4 billion in net income; it had generated $1.2 billion the year prior but has since …

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    • Twitter is having an inexplicably awesome 2021 | CNN …

      WEBJul 22, 2021 · Profit came in at $66 million — a sharp turnaround from the loss of almost $1.4 billion recorded a year ago. Nevertheless, challenges remain.

    • Twitter (TWTR) earnings Q2 2021 - CNBC

      WEBJul 22, 2021 · After a $1.38 billion loss in the year-ago quarter, on Thursday Twitter showed a $65.6 million profit. The number of monetizable daily active users, or Twitter users who view advertising on the...

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