Twitter (NYSE: TWTR) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The social media company reported Q3 revenue of $1.28 billion, up 37% year-over-year and in line with the Wall Street projection. Meanwhile, the company posted a net loss of $0.54 per share, while the street was, on average, expecting a profit.
TWTR shares fell 1.2% immediately following the announcement. The stock has gained 12% since the beginning of this year.
Prior performance
Most Popular
HP Inc. (HPQ) stock research summary | Q3 2021
HP Inc has shown a strong performance in Q4 2021. In spite of remote working, HP has shown a strong demand for PC and printer. The company has beat Zacks
VMware Inc. (VMW) stock research summary | Q3 2021
In this era of digital transformation, the technology industry is seeing a rapid influx of innovative products and solutions that help businesses adapt to the fast-changing and complex environment. VMware
IPO Alert: Cancer drug company Nuvectis Pharma set for $30-million IPO
After months of hectic activity, the IPO market experienced a lull in the Thanksgiving week, but it is still headed for a record year though the rush led by the
