Twitter Inc

NYSE:TWTR   3:59:58 PM EDT
+0.60 (+1.44%)
5:04:02 PM EDT: $42.80 +0.68 (+1.61%)
Earnings Announcements

Elon Musk Files SEC Filing On Twitter

Published: 08/30/2022 11:01 GMT
Twitter Inc (TWTR) - Elon Musk Files Sec Filing on Twitter.
Elon Musk - on August 29, Sent a Letter to Twitter Notifying He is Terminating Merger Agreement for Additional Bases Separate From Bases Set Forth in July 8, 2022 Letter.
Musk Says Since on July 8, 2022, Twitter Has Challenged the Validity of the July 8 Termination Notice.
Elon Musk - Bases in August 29, 2022 Letter Are in Addition To, and Not in Lieu Of, Bases for Termination Described in the July 8 Termination Letter.
Musk - Musk Parties Delivering Additional Termination Notice in Event That the July 8 Termination Notice is Determined to Be Invalid for Any Reason.
Elon Musk - Believes Aug 29 Termination Letter to Twitter Not Legally Necessary to Terminate Deal As He Has Validly Terminated Pursuant to July 8 Termination Letter.
Elon Musk - Delivered the August 29 Termination Letter to Twitter in the Event That July 8 Termination Letter is Determined to Be Invalid for Any Reason.
Musk Says Twitter’s Omissions in Merger, 2021 10-k Regarding Allegations Constitute Fraud in Inducement, Giving Musk Parties the 'right to Recission'.
Elon Musk - Allegations Regarding Certain Facts, Known to Twitter Prior to July 8, But Undisclosed to Musk Parties Prior to That Time, Have Since Come to Light.
Elon Musk - Allegations Regarding These Facts Provide Additional and Distinct Bases to Terminate the Merger Agreement With Twitter.
Revenue is expected to be $1.29 Billion
Adjusted EPS is expected to be $0.00

Next Quarter Revenue Guidance is expected to be $1.61 Billion
Next Quarter EPS Guidance is expected to be $0.22

More details on our Analysts Page.