Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue
WebJun 5, 2023 · Mr. Musk has said Twitter was on track to post $3 billion in revenue in 2023, down from $5.1 billion in 2021, when it was a public company. Twitter’s valuation has since plunged. In March, Mr...
Ad spending on Twitter falls by over 70% in Dec - data | Reuters
WebJan 25, 2023 · Jan 24 (Reuters) - Advertising spend on Twitter Inc dropped by 71% in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media...
Twitter ad sales down by more than half since Elon Musk …
WebJun 5, 2023 · Twitter’s ad revenue in the US has plunged by more than half since Elon Musk took the company over, according to reports. Internal documents show that Twitter made $88 million worth of ad...
Elon Musk says Twitter’s ad revenue is down 50% and cash flow
WebJul 15, 2023 · Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow. The billionaire owner tweeted...
Focus: Here's what Twitter lost in advertising revenue in final …
WebJanuary 20, 20232:29 PM PSTUpdated 10 months ago NEW YORK/LONDON, Jan 20 (Reuters) - Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates...
Twitter’s U.S. Ad Sales Down 59% Despite Musk’s ... - Forbes
WebJun 5, 2023 · Twitter made $88 million in U.S.-based advertising sales during a five week period starting April 1, down 59% from April 2022, the Times reported, citing an internal presentation and seven...
Elon Musk says Twitter's cash flow still negative as ad revenue …
WebJuly 17, 20232:02 AM PDTUpdated 4 months ago July 15 (Reuters) - Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said...
Twitter US ad sales plunged 59%, and internal forecasts are grim, …
WebJun 5, 2023 · Twitter's US advertising revenue plunged 59 percent year over year during a recent five-week period, The New York Times reported today. The firm's US ad "revenue for the five weeks from April...
Twitter hit by 40% revenue drop amid ad squeeze, say reports
WebJan 18, 2023 · First published on Wed 18 Jan 2023 07.11 EST Twitter remains in the grip of an advertising squeeze, with the social media platform hit by a 40% drop in revenue after more than 500 clients...
Elon Musk said Twitter has seen a ‘massive drop in revenue ... - CNN
WebNov 4, 2022 · CNN —. Elon Musk said Friday that Twitter has seen a “massive drop in revenue,” as a growing number of advertisers pause spending on the platform in the wake of his $44 billion acquisition.