August 14, 2022

What you need to know

  • Twitter released its Q2 2022 financial earnings on Friday.
  • The company reported $1.18 billion in revenue, slightly below analyst expectations
  • Twitter had a total of 237 million monetizable daily active users.

As Twitter is dealing with a pending acquisition by Elon Musk, the company reports a slight decrease in revenue but an increase in monetizable active daily users in Q2 2022, compared to the same period a year ago. 

In its earnings report, Twitter’s Q2 2022 revenue totaled $1.18 billion, a decrease of 1% year-over-year, “reflecting advertising industry headwinds associated with the macroenvironment as well as uncertainty related to the pending acquisition of Twitter.”