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Twitter’s Q2 sales mixed amid security issues; ad server rebuild complete

July 23, 2020

Via: ZDnet

Twitter reported second quarter sales were a mixed bag as the company said it is addressing recent security issues and will be “transparent in sharing our learnings and remediations.”

The company reported a second quarter adjusted loss of 16 cents a share on revenue of $683.44 million, down 19% from a year ago. Twitter reported a net loss of $1.23 billion, or $1.56 a share.

Wall Street was expecting break even results on a per share basis in the second quarter with sales of $701.6 million.

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