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Twitter missed Wall Street’s estimates for user growth. The social network, however, noted a “modest” impact on its advertising revenue from changes made by Apple to its confidentiality rules.
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Twitter appears to be doing better than rivals Facebook and Snap in the face of recent changes Apple made to its device privacy policies that prevent advertisers from following users on their devices without their consent.
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Its advertising revenue reached $ 1.14 billion in the quarter ended September 30, an increase of 41%, which corresponds to analysts’ expectations. His total income, meanwhile, rose to $ 1.28 billion, also in line with Wall Street’s goals.
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