Categories AlphaGraphs, 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

MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top