Categories AlphaGraphs, Earnings, Trending Stocks

TWTR Earnings: Twitter swings to profit in Q2 as revenues surge 74%; results beat

Microblogging platform Twitter, Inc. (NYSE: TWTR) Thursday reported a profit for the second quarter of fiscal 2021, compared to a loss last year. Both earnings and revenue came in above the market’s expectations.

Twitter Q2 2021 earnings infographic

At $1.19 billion, second-quarter revenues were up 74% from last year and above experts’ consensus forecast.

Supported by the positive top-line performance, the company turned to a profit of $0.20 per share in the most recent quarter — on an adjusted basis — from a loss of $1.58 per share in the year-ago quarter. Wall Street had predicted a smaller bottom line number. Net income was $65.6 million or $0.08 per share, compared to a loss of $1.38 billion or $1.75 per share in the second quarter of 2020.


Read management/analysts’ comments on Twitter’s Q2 results


Twitter shares ended Thursday’s regular trading higher and continued to gain during the extended session soon after the earnings announcement.

Prior Performance

  • Twitter reports Q3 2020 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

LMT Earnings: Key numbers from Lockheed Martin Q2 2021 financial results

Lockheed Martin Corp. (NYSE: LMT) today reported its second-quarter financial results for the period ended June 27, 2021. Net revenues increased 5% to $17.02 billion. Net income for the first

HAS Earnings: Key quarterly highlights from Hasbro Q2 2021 financial results

Hasbro, Inc. (NASDAQ: HAS) reported second quarter 2021 earnings results today. Total revenues increased 54% year-over-year to $1.32 billion. The company reported a net loss of $22.9 million, or $0.17

Earnings calendar for the week of July 26

After showing weakness at the beginning of the week, benchmark stock indexes made steady gains even as economic recovery gathered steam. On Friday, the S&P 500 index crossed the 4,400-mark

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