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.