Twitter Friday is seen reporting second-quarter losses on higher revenue, as the social-media company prepares for battle Elon Musk This fall in court came on his intention to terminate his $44 billion takeover deal.
Twitter revenue expected to grow to $1.32 billion in Q2 factset, from $1.19 billion a year earlier. The company expects a loss of 7 cents per share, down from a year ago profit of 8 cents per share. FactSet says Twitter’s daily active users are expected to grow to 238 million from 206 million a year ago.