Categories AlphaGraphs, Earnings, Technology
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 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.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
