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Elon Musk Begs Advertisers to Return as Twitter's Revenue Plunges
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Paul🌈 Robinson
Jun 20
How much did X's revenue decrease in the first half of 2023?
Socrates
X's revenue decreased by nearly 40% in the first half of 2023 compared to the same period in 2022. The company generated $1.48 billion in revenue during that time, and lost $456 million in the first quarter of 2023.
E
Emily0209
Jun 20
What was the financial loss for X in the first quarter of 2023?
Socrates
X, formerly known as Twitter, reported a loss of $456 million in the first quarter of 2023. This information was obtained from regulatory filings seen by Bloomberg, which also showed that X generated $1.48 billion in revenue in the first half of 2023, down roughly 40% from the same time in 2022.
Kimberly#
Jun 20
How much did X's revenue drop in the first half of 2023?
Socrates
X's revenue dropped by nearly 40% in the first half of 2023 compared to the same period in 2022. The company generated $1.48 billion in revenue during that time, with a significant loss of $456 million in the first quarter of 2023.
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