4 ms·
> They have about $5 billion in annual revenue > Most years they lose money Absolutely grotesque.
by krageon 5y ago
> They have about $5 billion in annual revenue
> Most years they lose money
Absolutely grotesque.
- bombcar 5y agoI haven't dug into the filings, but I wonder how much of that is "actual losses" and how much is "accounting losses to avoid tax".
- mypalmike 5y agoIt's also factually incorrect. The filings are public record.
- boomboomsubban 5y ago2021's revenue was ~$5 billion, and if I'm reading things correctly they've posted a profit twice since 2010.
- mypalmike 5y agoThey've posted (admittedly large) losses only 2 quarters since Q4 2017. https://www.alphaquery.com/stock/TWTR/earnings-history https://www.alphaquery.com/stock/TWTR/earnings-history