Categories Analysis, Earnings, Technology

Earning preview: Q3 will be a test of Twitter’s turnaround strategy

The recovery kicked off by Twitter (TWTR) in the fourth quarter, ending a protracted losing streak, has gathered significant momentum since then. The double-digit revenue growth in the second quarter came as a morale booster for the investment community, and hopes are high ahead of the company’s third-quarter earnings announcement next week.

As per the consensus estimate, the micro-blogging platform is anticipated to register earnings of $0.14 per share for the September quarter, marking a 40% growth compared to the year-ago period. When the company unveils the results on October 25 before the opening bell, revenues are expected to be $703.72, up 19%. Going by the current trend, the management is unlikely to disappoint investors on the earnings front.

What really interests the market is the company’s user base. The numbers will be keenly scrutinized this time considering the muted growth seen in the second quarter, which had triggered a stock selloff.

The micro-blogging platform is expected to register earnings of $0.14 per share for the September quarter, marking a 40% growth

At $711 million, revenues were up 24% year-over-year in the second quarter amid strong advertisement growth and engagement, owing mainly to the soccer World Cup. There was a corresponding bottom-line improvement – to earnings of $0.13 per share from last year’s $0.16 per share loss.

Adding to the volatility in investor sentiment, the controversy surrounding fake accounts and misuse of the platform for hate speech deepened in the recent months, forcing the company to take stringent corrective actions. Though the situation improved after CEO Jack Dorsey testified before the Senate last month, clearing some key concerns, it seems a lot more needs to be done to clean up the site.

Twitter Q3 earnings preview

Facebook (FB), which is in the same boat as Twitter when it comes to toxic content, is all set to publish its third-quarter earnings report on October 30 after the closing bell.

Following the previous quarterly report, Twitter shares had suffered a major setback, at a time when the hype surrounding the company’s recovery was at the peak. After retreating from a multi-year peak in July, they have stabilized. The stock traded lower throughout Friday’s regular session, ending from uptrend seen earlier this week.

 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO

Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Comments

  1. Pingback: ABCD 1
  2. Pingback: domiciliation fee
  3. Pingback: Free Movies Online
  4. Pingback: best online slots
  5. Pingback: slot new member
  6. Pingback: biruslot
  7. Pingback: carter capner law
  8. Pingback: binance
  9. Pingback: Banned Apparel
  10. Pingback: ETFおすすめ
  11. Pingback: m88bet login
  12. Pingback: toto bola online
  13. Pingback: m88 mic
  14. Pingback: 스포츠중계
  15. Pingback: hktv25.com
  16. Pingback: linuxappfinder
  17. Pingback: aplikasi judi slot
  18. Pingback: netflix age rating
  19. Pingback: time slot meaning
  20. Pingback: tv togel
  21. Pingback: best free crm
  22. Pingback: slot terbaru
  23. Pingback: poker idn
  24. Pingback: poker idn
  25. Pingback: joystick ps4
  26. Pingback: zapier vs pabbly
  27. Pingback: slot gacor
  28. Pingback: slot gacor
  29. Pingback: pg slot
  30. Pingback: qq slot 88
  31. Pingback: Seo Tools
  32. Pingback: slot deposit 5000
  33. Pingback: indobet
  34. Pingback: slot machine 777
  35. Pingback: banger bars
  36. Pingback: HomeInsurance
  37. Pingback: bishop hat
  38. Pingback: slot gacor
  39. Pingback: slots games
  40. Pingback: 369 slot
  41. Pingback: link slot gacor
  42. Pingback: Glucotrust Reviews
  43. Pingback: sbobet 777
  44. Pingback: sbobet sport
  45. Pingback: ::ufabet::
  46. Pingback: ufabet888
  47. Pingback: time slot meaning
  48. Pingback: slot138
  49. Pingback: link nhà cái
  50. Pingback: 888 sòng bạc không có tiền thưởng tiền gửi
  51. Pingback: slot5000 dewa petir
  52. Pingback: 고페이알바
  53. Pingback: amzmodapk
  54. Pingback: demo slots bonus buy
  55. Pingback: fachai slot demo
  56. Pingback: loctite 435 msds
  57. Pingback: loctite 435
  58. Pingback: cusat thrikkakara
  59. Pingback: masters winners
  60. Pingback: slots games
  61. Pingback: yono business sbi
  62. Pingback: slots casino
  63. Pingback: glass epoxy pcb
  64. Pingback: bối cảnh phim
  65. Pingback: vn88 đăng nhập
  66. Pingback: app rank checker
  67. Pingback: tvi direto
  68. Pingback: sic direto
  69. Pingback: toto slot88
  70. Pingback: slot terpercaya
  71. Pingback: slot gacor 4d
  72. Pingback: copyleaks
  73. Pingback: JPP JPEX
  74. Pingback: JPP JPEX
  75. Pingback: ghaziabad escorts
  76. Pingback: ghaziabad escorts
  77. Pingback: ghaziabad escorts
  78. Pingback: Link posjitu priceLink posjitu app login
  79. Pingback: logo smk negeri 1 takengon
  80. Pingback: logo smk negeri 1 takengon
  81. Pingback: tempat terjadinya penyerbukan
  82. Pingback: istilah kesusastraan
  83. Pingback: Sonsy Game login
  84. Pingback: Slot gacor maxwin
  85. Pingback: baccarat online
  86. Pingback: esc
  87. Pingback: escrrr
  88. Pingback: del
  89. Pingback: cgl
  90. Pingback: indre
  91. Pingback: lcknw
  92. Pingback: almbro
  93. Pingback: wbnva
  94. Pingback: webflw
  95. Pingback: wrdprs
  96. Pingback: onpge
  97. Pingback: crtlnk

Comments are closed.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top