Infographic: Twitter (TWTR) Q4 earnings, revenue beat Street view

Microblogging platform Twitter, Inc. (NYSE: TWTR) Tuesday reported higher earnings and revenues for the final three months of fiscal 2020. The results also came in above the market’s expectations. At $1.29 billion, fourth-quarter revenues were up 28% from last year and above experts’ consensus forecast. The positive top-line performance resulted in a 52% increase in […]

$TWTR February 9, 2021 1 min read

NYSE

$TWTR · Earnings

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Microblogging platform Twitter, Inc. (NYSE: TWTR) Tuesday reported higher earnings and revenues for the final three months of fiscal 2020. The results also came in above the market’s expectations. At $1.29 billion, fourth-quarter revenues were up 28% from last year and above experts’ consensus forecast. The positive top-line performance resulted in a 52% increase in […]
· February 9, 2021

Microblogging platform Twitter, Inc. (NYSE: TWTR) Tuesday reported higher earnings and revenues for the final three months of fiscal 2020. The results also came in above the market’s expectations.

At $1.29 billion, fourth-quarter revenues were up 28% from last year and above experts’ consensus forecast.

The positive top-line performance resulted in a 52% increase in adjusted earnings to $0.38 per share. Wall Street had predicted a slower growth. Net income, excluding special items, moved up to $222.1 million or $0.27 per share from $118.7 million or $0.15 per share in the fourth quarter of 2019.

Read management/analysts’ comments on Twitter’s Q4 results

After recovering from multi-year lows early last year, Twitter shares maintained a steady uptrend and crossed the $60-mark this week — the first time in more than five years. It ended Tuesday’s trading higher.