Twitter, soon to be a private company controlled by Elon Musk, reported a 16% rise in revenue to $US1.2 billion for the March quarter.
User numbers were up 15.9% to $US229 million.
Advertising revenue increased 23% to $US1.11 billion. Subscription and other revenue fell 31% to $US94 million.
The board of directors said: “In light of the proposed transaction with Mr Musk, as is customary during the pendency of an acquisition, Twitter will not be hosting a conference call, issuing a shareholder letter, or providing financial guidance in conjunction with its first quarter 2022 earnings release.”
The board has approved Musk’s $US44 billion bid for the social media platform.
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