Categories AlphaGraphs, Earnings, Technology

TWTR Earnings: Key quarterly highlights from Twitter’s Q1 2022 financial results

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

Total revenue increased 16% year-over-year to $1.20 billion.

Net income was $513 million, or $0.61 per share, compared to $68 million, or $0.08 per share, in the year-ago period. Adjusted EPS was $0.90.

While earnings smashed projections, revenue fell short of estimates.

Earlier this week, Twitter entered into an agreement to be acquired by an entity wholly owned by Mr. Elon Musk. In light of this transaction, the company will not be providing any financial guidance.

Prior performance

Twitter Q4 2021 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

Everything you need to know about Broadcom’s Q2 2023 earnings report

Broadcom, Inc. (NASDAQ: AVGO) on Thursday said its second-quarter 2023 earnings and revenues increased year-over-year. The chipmaker also provided guidance for the third quarter. Earnings, excluding non-recurring items, came in

HP’s (HPQ) near-term prospects look bleak as PC slump continues

Weak consumer spending and economic uncertainties are the new challenges facing the PC market which is struggling to recover from a long-drawn slowdown. HP, Inc. (NYSE: HPQ) reported a sharp

Hormel Foods (HRL): Key takeaways from the Q2 2023 earnings report

Shares of Hormel Foods Corporation (NYSE: HRL) were up over 4% on Thursday, following the company’s announcement of its second quarter 2023 earnings results. Sales fell short of estimates while

Add Comment
Viewing Highlight