Categories AlphaGraphs, Earnings, Technology

TWTR Earnings: Twitter Q4 profit, revenue miss estimates

Microblogging platform Twitter (NYSE: TWTR) on Thursday reported weaker-than-expected earnings and revenues for the fourth quarter of 2021. The company’s stock dropped soon after the announcement.

Twitter Q4 2021 earnings infographic

Fourth-quarter earnings, adjusted for special items, declined to $0.33 per share from $0.38 per share last year and came in below the consensus forecast. The company reported a net profit of $181.7 million or $0.21 per share for the December quarter, compared to $222.1 million or $0.27 per share in the year-ago period.

The bottom-line performance was negatively impacted by a sharp increase in operating expenses. Meanwhile, revenues moved up 22% annually to $1.57 billion during the three-month period. Analysts had predicted a faster growth. The average monetizable daily active usage was 217 million.


Read management/analysts’ comments on Twitter’s Q4 earnings


Twitter stock has lost about13% so far this year and is currently trading well below the 52-week average. The shares traded lower in early trading on Thursday soon after the earnings announcement.

Prior Performance

  • Twitter Q3 2021 earnings
  • Twitter Q2 2021 earnings infographic

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

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