Twitter misses quarterly revenue estimates By Reuters


© Reuters. FILE PHOTO: The Twitter app is seen on a smartphone in this illustration taken July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Twitter Inc (NYSE:), which has agreed to a $44 billion sale to Elon Musk, reported first-quarter revenue on Thursday that fell short of Wall Street estimates as advertising revenues slowed.

The company reported revenue of $1.2 billion, below analysts’ average estimate of $1.23 billion, according to IBES data from Refinitiv.

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