Categories AlphaGraphs, Technology

Twitter Inc. (TWTR) Earnings: 2Q22 Key Numbers

Twitter, Inc. (NYSE: TWTR) reported second quarter 2022 earnings results today.

Total revenue dipped 1% year-over-year to $1.18 billion due to advertising headwinds and the uncertainty related to the acquisition of the company by an affiliate of Elon Musk.

The company reported a net loss of $270 million, or $0.35 per share, compared to a net income of $66 million, or $0.08 per share, last year. Adjusted loss per share was $0.08.

Both the top and bottom line numbers missed expectations.

Due to the pending acquisition issue with Mr. Musk, Twitter is not providing any guidance.

Prior performance

Twitter Q1 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

CAT Stock: Here’s what you need to know before investing in Caterpillar

After beating the virus-induced slowdown, excavator company Caterpillar Inc.  (NYSE: CAT) is currently battling high operating costs and supply constraints that offset benefits of the demand recovery spurred by market

eBay (EBAY): A look at this ecommerce company’s expectations for the rest of the year

Shares of eBay Inc. (NASDAQ: EBAY) were up over 1% on Friday. The stock has dropped 25% year-to-date and 33% over the past 12 months. Last week, the company delivered

Stock Watch: Why General Motors (GM) is a good buy after earnings

When the COVID crisis battered the business world a couple of years ago, General Motors Company (NYSE: GM) was not spared, though the impact was not as big as initially

Add Comment
Viewing Highlight