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Twitter Inc Earnings, Revenue Miss in Q4 -Breaking

by Mike Robinson

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© Reuters. Twitter Inc. Revenue, Earnings Miss in Q4

Investing.com – Twitter Inc (NYSE:) Thursday’s fourth quarter report showed revenue and forecasts that were lower than expected.

Twitter Inc reported earnings per share at $0.33 on $1.57B in revenue. Investing.com polled analysts and predicted EPS at $0.3408 for revenue $1.58 billion.

Twitter Inc shares have fallen 12% since the start of the year. However, they are still 53.15% below the 52-week high of $80.75 on February 25, 2021. They are under-performing the S&P 500 which is down 3.76% from the start of the year.

Twitter Inc shares increased by 4.20% after the report.

Twitter Inc. follows major earnings in the Communication Services Sector this month

Twitter Inc. reported on February 1 after Alphabet C beat them with EPS. They reported EPS $30.69 on revenues of $75.33B. Forecasts were for EPS $27.8 and revenue of $72.27B.

Meta Platforms missed its expectations by February 2, with fourth-quarter EPS of 3.67 on $33.67B in revenue, as opposed to $3.84 forecast on $33.37B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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