Here's what's giving Twitter 'a ton of momentum' right now, according to CFO Ned Segal.
"If the creator is creating great content, and you see it in Super Follows, or it's just a tweet and somebody puts money in their Tip Jar, or it's long-form content that we include in a different price point for a subscription, without ads, that complements it with other features that come from us, then we would make sure that part of the value that can be attributed to the creator where those dollars go to them and that we're facilitating a transaction," Ned Segal,...
With respect to guidance, Twitter said it sees $1.22 billion to $1.30 billion in third-quarter revenue. Analysts polled by Refinitiv had expected $1.17 billion in revenue. For all of 2021, Twitter said that it expects headcount and total expenses to go up at least 30% and that revenue will grow faster than expenses.
Notwithstanding the after-hours move, Twitter shares are up about 29% since the start of 2021, while the S&P 500 index has risen 16% over the same period.
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