Twitter Inc. (NYSE: TWTR) reported first quarter 2021 earnings results today.
Revenue increased 28% year-over-year to $1.04 billion.
GAAP net income was $68 million, or $0.08 per share, compared to a net loss of $8 million, or $0.01 per share, last year. Adjusted EPS was $0.16.
Average monetizable daily active users (mDAU) totaled 199 million for the quarter.
For the second quarter of 2021, total revenue is expected to range between $980 million and $1.08 billion.
Although Twitter beat revenue and earnings expectations, the stock dropped over 8% in aftermarket hours as user numbers and guidance failed to impress Wall Street.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results
Caterpillar Inc (NYSE: CAT) reported second-quarter 2021 financial results before the regular market hours on Friday. The manufacturer of construction machinery and equipment reported Q2 revenue of $12.9 billion, up
Chevron Corporation (NYSE: CVX) reported second-quarter 2021 earnings results today. Total revenues amounted to $37.5 billion compared to $13.4 billion in the year-ago period. The reported net income was $3.1