Twitter suffers the consequences | Eastern North Carolina Now

Twitter announced on Wednesday its financial results for the fiscal year 2020, saying it recorded a net loss of $1.136 billion against net income a year earlier.

“2020 net loss was $1.14 billion, representing a net margin of -31 percent and diluted EPS [earnings per share – Ed.] of -$1.44. This compares to 2019 net income of $1.47 billion, representing a net margin of 42 percent and diluted EPS of $1.87.”

Source:  Twitter reports $1.14 billion net loss for 2020 – Investment Watch (investmentwatchblog.com)


Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )



Comments

( February 11th, 2021 @ 1:05 pm )
 
Losing more money is always better for these fools.

As a publisher of news and as a local politician, I still never got caught up into Twitter, and, there is no chance now that I ever will.
( February 11th, 2021 @ 11:37 am )
 
It sounds like it is time for a shareholders derivative suit against Twitter management for their actions that have hurt shareholders value. Playing politics has hurt the business. As they say "get 'woke' and go broke". That major Trump supporter who bought shares to try to take over Twitter would be a good lead plaintiff if he has not dumped those shares.
( February 11th, 2021 @ 7:57 am )
 
No wonder the leftist thugs at Amazon are trying to kill Parler. They are trying to save the twits at Twitter. Twitter ought to change its symbol to a Dodo bird. Twitter boss JackBoot Dorsey deserves this financial loss. Conservatives should avoid the likes of Twitter, Google, Amazon, and Facebook.



Virginia sheriff slams Biden for dismantling ICE Editorials, Beaufort Observer, Op-Ed & Politics Free to Choose


HbAD0

Latest Op-Ed & Politics

Atheist Soros, although born Jewish, was Nazi collaborator in Hungary in WWII
anti-immigration conservative nationalist beats Social Democrat incumbent 2 to 1
Biden wants to push this in public schools and Gov. deSantis says NO
this at the time that pro-Hamas radicals are rioting around the country
populist / nationalist anti-immigration AfD most popular party among young voters, CDU second

HbAD1

Barr had previously said he would jump off a bridge before supporting Trump
illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
Decision is a win for election integrity. NC should do the same.
Biden regime intends to force public school compliance as well as colleges

HbAD2

 
Back to Top