Twitter suffers the consequences | Beaufort County Now | Twitter reports a loss in 2020 | Twitter, loss

Coronavirus Disease 2019 (COVID-19)

Twitter suffers the consequences

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)






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

Public school systems in the Tar Heel State are experiencing the highest declines in student enrollment in decades.
Republican leaders in the N.C. General Assembly say they will consider overriding the governorís veto of Senate Bill 37, the school reopening bill, as soon as Monday, March 1.
No significant difference in severity of pandemic between states that locked down and those that did not.
A group of Wake County parents has written Gov. Roy Cooper asking him to reopen schools for in-person instruction.

HbAD1

Approximately 18,000 Students to Participate in Career Awareness Programs Across North Carolina
James Antle of the Washington Examiner documents one noticeable impact of Donald Trumpís White House term.
Gov. Roy Cooper has vetoed bipartisan legislation to reopen N.C. public schools statewide.
Tobias Hoonhout writes for National Review Online about the 45th presidentís upcoming appearance ot a major conservative event.
The Food and Drug Administration (FDA) on Wednesday released its analysis of Johnson & Johnsonís one-shot dose COVID-19 vaccine, supporting its authorization for emergency use.
It's the new command focus from Team Biden
Mental health experts who are also parents with students in Wake County Public Schools are sounding an alarm over a rising mental health crisis due to a lack of full-time classroom instruction.

HbAD2

 
Back to Top