Ekonomické zprávy
27.10.2021

Company news: Twitter (TWTR) posts unexpected quarterly loss

Twitter (TWTR) reported Q3 FY2021 loss of $0.54 per share (versus earnings of $0.19 per share in Q3 FY2020), missing analysts’ consensus estimate of $0.18 per share.

The company’s quarterly revenues amounted to $1.284 bln (+37.1% y/y), roughly in line with analysts’ consensus estimate of $1.282 bln.

TWTR rose to $62.40 (+1.58%) in pre-market trading.

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