Categories AlphaGraphs, Technology

TWTR Earnings: All you need to know about Twitter’s Q1 2021 earnings results

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.

Twitter Q1 2021 earnings results

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.

Prior performance

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

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