Twitter lost 1 million users in the second quarter

Twitter reported that in the second quarter the number of its users decreased by 1 million compared to the first quarter, to 335 million. As finversia.ru wrote, on this background, Twitter shares during early trading on the New York Stock Exchange on Friday fell by 16.03% to 36 dollars 6 cents. It is noted that due to the fixation of profits for the third consecutive quarter, Twitter shares from the beginning of the year to Friday increased by 79%. In the second quarter, the company's profit was $100 million compared to a $116 million loss a year earlier. Revenue in annual terms increased by 24% to $711 million.

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