Earnings

Twitter (TWTR) earnings Q2 2021

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Twitter shares rose as much as 9% in extended trading on Thursday after the social media company announced second-quarter earnings that came in stronger than analysts had anticipated.

Here’s what Twitter reported versus Wall Street’s estimates:

  • Earnings: 20 cents per share, adjusted, vs. 7 cents as expected by analysts polled by Refinitiv.
  • Revenue: $1.19 billion vs. $1.07 billion as expected by analysts polled by Refinitiv.
  • Monetizable daily active users (mDAUs): 206 million vs. 206.2 million as expected by analysts polled by StreetAccount.

Twitter’s revenue grew 74% year over year in the quarter, according to a shareholder letter, with the company citing “a broad increase in advertiser…



Source cnbc.com

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