Twitter reports increase in users for latest quarter ...Middle East

The Hill - Technology
Twitter reports increase in users for latest quarter
source : The Hill ( Middle East ) () 23
Twitter reported an increase in users and revenue for the first three months of the year in a quarterly report released Thursday. The report may be Twitter’s last as a public company after the board agreed to sell Twitter to Elon Musk for $44 billion earlier this week.  Average daily monetizable active usage was 229 million in the first quarter of the year, up 15.9 percent compared to the same period last year, according to the report.  Revenue for the quarter totaled $1.2 billion, up 16 percent compared to the same period last year.  Twitter said it would be withdrawing “all previously provided goals and outlook” and not provide forward looking guidance given the pending acqu

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