Twitter rose nearly 3% in premarket trading as its revenue was not affected by iOS update privacy policy

Tiger Newspress2021-10-27

Twitter rose nearly 3% in premarket trading as its revenue was not affected by iOS update privacy policy.Twitter's revenue in the third quarter was 1.284 billion US dollars, an increase of 37% compared with 936 million US dollars in the same period last year; The net loss was $537 million, compared with the same period last year Net profit $28.7 million.

Moreover, the company said the impact of Apple iOS's new privacy protection measures on the third quarter is not as great as expected, and the impact on the fourth quarter will be mild.

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